James Smillie
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Every Kagin auction features a large and varied selection of U.S.
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Whether you wish to buy or sell, take advantage of the Kagin
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Proofs from
The American Bank Note Company Archives
September 28, 1988
WWSl^^WHtt
jiit^ iH.imcnia
osg«a»e000a0»t»ssgSi»na(i0aMBgBBS8
AKEmCAN BAWCNQfB O}
The friimed compDMlion illustrateil above contains
a "fan" of rare Demand Note and Interest-bearing
Treasury Note proofs.
Christie’s is pleased to announce an unprecedented offering of material from
The American Bank Note Company archives. Included in this .sale are ten framed
compositions containing proof and specimen notes from the United States,
Latin America and China, which originally hung on the walls of the A. B.N. Co.
offices. Full-color catalogs are available for $12 each from;
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Paper Moneii Whole No. 135
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IN THIS ISSUE
CASHIER COOPER LET HIS BULLDOG BARK
Bob Cochran 101
THE PAPER COLUMN
THE UNITED STATES $500 & $1,000 NATIONAL BANK
NOTES
Peter Huntoon 103
MAJOR JOHN S. FILLMORE, U.S.A. PAYMASTER
Rodney Battles 122
THE GREEN GOODS GAME
Forrest Daniels 123
RAILROAD NOTES & SCRIP OF THE UNITED STATES,
THE CONFEDERATE STATES AND CANADA
Richard T. Hoober 124
SOCIETY FEATURES
INTEREST BEARING NOTES 127
NEW LITERATURE 127
SPMC AWARDS BANQUET IN MEMPHIS 127
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MONEY MART 129
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Paper Moneii Whole No. 136
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Paper Moneii Whole No. 136
Page 101
C ashier
ooper
let his
B ulldog
ark
An incident from the history; of
the Farmers Bank
Submitted by BOB COCHRAN
In the nineteenth century it was not uncommon for
the cashier or other bank officers to live in the build-
ing of their bank, typically upstairs over the bank.
This was the case of Richard G. Cooper, cashier of
the New Castle branch of the Farmers Bank of the
State of Delaware, who lived over the bank with his
family.
ILLIAM J. BLACK, who was the United States Consul at
Nuremberg, was the brother-in-law of Richard Coop-
er. On the 30th of September, 1877, he was visiting
Cooper and his family and was sleeping in the parlor in the liv-
ing quarters. In the very early morning, four men were engaged
in the process of breaking into the bank. They placed a ladder
against the sill of the window of his room and one man climbed
up. carrying the side of a wheelbarrow. He placed the piece of
wood on the tin covering of the window cornice, and two of the
other men joined him outside the room.
Black recounted that he had been awakened by the sound of
whispering voices at 1:45 a.m. He looked toward the window,
and saw a man climbing through it. He jumped up from the bed ,
cried out an alarm, and started for the door leading to the hall.
At that moment he was grabbed by the three men; one of the
men drew a pistol and told him not to make another sound.
Black was thrown on the bed, and his legs tied below the knees.
He was asked how many people were in the house, and he told
the men that every room was occupied. With that he was
covered up with the pillow and bedclothes.
There were two rooms on either side of the hall that ran
through the upper floor of the bank building. The noise across
the haU had aroused Richard Cooper; he got out of bed, picked
up his revolver from the top of the bureau, and walked out into
the hall. (The next day, a reporter from the Morning News
would describe this revolver as “a Bulldog self-cocking pistol
similar to the one Guiteau used on President Garfield.”)
Cooper went to the door of his daughter’s room to see if she
had been disturbed. Deciding that she had not, he listened at the
door of Black’s room; he heard muffled voices, but thought for a
moment that his brother-in-law had brought some friends home
without his knowledge. As he entered his wife’s room to check
on her, he heard a scream from his daughter’s room; he went
back into the hall, holding his pistol at his right side, hidden by
his night clothes. He saw the outline of a short, stocky man at
the door of his daughter’s room, trying to force his way into the
room. The man turned toward Cooper, shining a lantern on
him; he raised a revolver and told Cooper, “Don’t speak.”
Cooper later recounted what happened next:
“I replied, ‘I won’t.'
"And at the same time raised my pistol from my side and fired
in his face. He staggered and reeled and dropped the lantern
on the floor. He fired at me but missed. By this time the hall
was filled with a dense volume of smoke.”
Cooper fired again into the smoke, but missed the man.
There were two more shots fired in quick succession.
Inside Black’s room, one of the two men guarding Black told
his companion, “Jim, the jig’s all up. Come on.” The two men
climbed out the window. The third man staggered through the
door from the hall and fell against the wall near the window. He
turned and fired at Black, the bullet lodging in the mattress; then
he too climbed through the open window.
One final shot was fired— by Cooper— at a man fleeing
across the street below. Cashier Cooper thought he had hit the
man, who “fled limpingly towards the Battery and dis-
appeared,” Cooper’s son, John, who was eight years old when
this took place, would remember the events of this night some
sixty-nine years later: “I thought,” said he, “that the Civil War
had broken out again.”
By this time the neighbors, hearing the gunshots, were arriv-
ing on the run. One who lived across the street from the bank
claimed to have seen several men run into the fog and dart
across the Battery. Another, Jefferson Downham, climbed up
the ladder and into Black’s room. Cooper’s daughter, seeing
him, cried out; only her father’s recognition of Downham’s
voice when he yelled “Don’t shoot!” saved him from being shot.
Alexander Cooper, Richard’s brother, was a lawyer and a di-
rector of the bank. A methodical person, he took statements
from his brother and Mr. Black. These statements were the basis
of the report in the next day’s edition of the Morning News.
under the following headline:
New Castle branch of the Farmers Bank of the State of Delaware. The
upstairs window the would-be robbers entered is behind the tree.
Paper Money Whole No. 136
'■r^ilionk
'’tBi' tisoe»i3 ■'0
BBasCM SANA A'
Richard G. Cooper, Cashier of the Farmers Bank
. . . The window sill was bloody and the wooden side of
a wheelban'ow, which the burglars had placed on the
tine of the parlor window to deaden the sound, was li-
terally covered with blood. On it was also found a piece
of flesh half an inch long. It looked like a piece of a
tongue very much resembling gristle. On every
•CpTCVBf -'•1^* f
<|t«trtnan ff thi#
T*tt
on^ fram^^- 6 ** ^
J ^ ■“i .1 ,
man s
one of the flat rungs of the ladder, with the exception of
two, were smears of blood.
. The trail of blood led across the battery and onto a
wharf, indicating the men had escaped in a boat, A re-
ward of $1500 was offered by the bank, and Pinkerton
I Detectives were called in to investigate. The only evi-
dence discovered was a canvas satchel found under a
freight car, which contained files, powder, dynamite and
fuses. Alexander Cooper added a footnote to the story at
a later date:
About six months afterwards the dead body of a man,
well dressed and with a handsome ring upon one of his
fingers was found in the marsh near the mouth of
Christiana River. His face was disfigured beyond recog-
nition but from his general figure and clothing and up-
on investigation by the detectives, it was concluded that
he was the burglar whom Mr. Cooper shot in the hall.
Richard Cooper was later called to New York by the police.
They were holding a man who was charged with murder. The
man’s alibi was that, at the time of the murder, he was rowing
across the Delaware River on his way to rob the Farmers Bank.
All of the men who had entered the bank building had worn
masks, so Cooper could not identify the man. However, the
man called Cooper by name when he entered the cell. The man
confirmed that he and his companions had indeed escaped by
boat; he also stated that the man Cooper had shot had died in
the boat, and that his body had been thrown overboard into the
Delaware River.
At the annual meeting of the Farmers Bank's stockholders the
following January. Cooper was presented with an award of
$500, and a framed certificate of appreciation for his actions.
The certificate issued to Cooper by the bank. It reads:
“Dover, Del. January 5. 1888.
At a meeting of the Stockholders of the Farmers Bonk held at the bank-
ing house in Dover this day the following resolution was adopted: RE-
SOLVED, that the thanks of this bank be and they are hereby tendered
to RICHARD G. COOPER, the cashier of the branch bank at New Cas-
tle. for his courage and purpose of mind exhibited in defending the bank
when it was entered by burglars on the morning of September 30,
1887, and that a copy of the above resolution signed by the chairman of
this meeting and attested by the Secretary and framed, be presented to
Mr. Cooper."
BURGLARS FOILED
Masked Men Fail to Rob New Castle’s Bank
Cashier Cooper Shoots a Villain in the Face
The reporter related in the story that a hat, “a neat black derby”,
was found in the hall near the lantern dropped by the wounded
man; the hat was smeared with blood. Describing Black’s room,
the reporter stated:
There the bloody trail continued. Against the wall where the
man fell were large smears of blood on the paper as if from his
hand. A white cover on a little table nearby was dotted with
crimson. Several of Mr. Black’s newly laundered shirts lying
on a chair looked as though they had been sprinkled with
blood, the blots being half an inch in diameter.
REFERENCE
THE FARMERS BANK. An Historical Account of the President, Direc-
tors and Company of the Farmers State Bank of the State of Delaware.
1807-1957. Dudley C. Lunt. Copyright 1957. The Farmers Bank of
the State of Delaware. Dover. Delaware.
Paper Monev Whole No. 136
Page 103
The
United States
0500 & 01,000
National Bank NoteS
ABSTRACT
A I TOTAL of 24,579 $500 and 7,454 $1000 national bank notes were delivered to 100 issuing banks in
nine states between October 15, 1864 and June 10, 1885. These totals include 685 $500 and 75
I J $1000 national gold bank notes delivered to four banks, one in Massachusetts and three in Cali-
fornia. Both Original Series and Series of 1875 $500 and $1000 were issued.
The $500 and $1000 notes were authorized by the Acts of February 25, 1863 and June 3, 1864. High
denomination national bank notes ceased to be issued after 1885 for three reasons: (1) several issuing banks
went out of business before the end of 1885; (2) the National Gold Bank users closed or converted to non-
gold status before the end of 1885 and elected not to order high denominations thereafter; and (3) the
charters of the remaining issuing banks were extended before the end of 1885.
Of the ten treasury signature combinations used on national bank notes through April 30, 1885, only the
Jeffries-Spinner combination did not appear at least once on a $500 or $1000 national bank note.
A total of 173 $500 and 21 $1000 national bank notes were outstanding in 1938. Three of the $500 s are
known to have survived, but none of the $1000 s have been seen. All the $1000 national gold bank notes
were redeemed. Of the four $500 national gold bank notes shown to have been outstanding in 1915, none
have been found.
PURPOSE
The objective of this article is to provide a comprehensive overview of issuances of United States $500 and
$1000 national bank notes.
DREAMS
W | HEN a national bank note collector dreams of finding
that special hoard, sooner or later his fantasy grows to
1 include a $500 or $ 1000 national bank note . A speci-
men of a $1000 national bank note is the most eagerly antici-
pated of all the undiscovered United States type notes. Such a
dream is possible. In 1938, 173 $500s and 21 $1000s were still
outstanding (Comptroller of the Currency, issued annually).
A $1000 note had enormous purchasing power in the
1865- 1885 period. It would be equivalent to having $100,000
today. The value of the only privately held $500 national bank
notes has paced inflation. The Carter $500 Series of 1875
specimen reportedly sold for between $100,000 and $110,000
recently, just about right 1 would say.
We know what the $1000 s looked like because certified
proofs from Bureau of Engraving and Printing Series of 1875
THE PAPER COLUMN
by Peter Hun toon
plates are preserved in the Smithsonian collections. Original
Series specimens produced by the National Bank Note Com-
pany are also extant.
The Bureau of Engraving and Printing certified proofs hold-
ings were periodically raided for the $1000 specimens by
Bureau employees as such notes were needed for displays or
presentation pieces. We find that the Bureau proof $1000s are
commonly cut off from what was once a 500- 1000 plate proof.
Consequently, these denominations are rarities even in proof!
SUMMARY STATISTICS
Tables 1 and 2 show that 32,033 high denomination notes
reached 100 banks in nine states. A total of 37,063 high de-
nomination notes were printed, the difference of 5,030 notes
being unissued and cancelled. Massachusetts holds the record
for number of user banks with 47, of which 34 were in Boston
(see Table 3). Massachuetts also led the other states for total
number of $500s issued with 10,948 notes having a face value
of $5,474,000, and representing 44.6 percent of the nation-
wide total (see Table 4). New York with a total of 5,367 $1000
notes, $5,367,000 face value, issued 72 percent of the $1000
notes. New York’s $9,672,000 high denomination issue repre-
sents 49 percent of the nationwide $19,743,500 grand total.
Page 104
A complete list of all the $500 and $1000 national bank notes
printed and issued appears in Table 5. Table 6 shows the
periods during which they were issued. The popularity of the
various sheet combinations is revealed in Table 7,
Table 1.
Summary statistics for the $300 and $1000
National Bank note issues.
$300
$1000
ORIG printed
22330
3963
1873 printed
6368
2402
Total printed
28698
8363
ORIG issued
20208
3818
1673 issued
4371
1636
Total issued
24379
7434
ORIG banks
97
36
1873 banks
26*
8
Total banks
100
37
* $300 notes printed for five other banks but not issued.
Paper Money Whole No. 136
Table 2. Number of banks in each state that issued $500 and $1000
National Bank notes.
$500 Notes
$1000 Notes
ORIG
1875
Total % of Total
ORIG
1875
Total % of Total
AL
1
1
1.0
CA
3
3
3.0
LA
1
1
1.0
ME
3
1
3
3.0
MD
7
1
7
7.0
3
3
8.1
MA
46
12
47
47.0
9
2
10
27.0
NY
19
6
20
20.0
17
5
17
46.0
PA
11
3
11
11.0
5
1
5
13.5
Rl
7
2
7
7.0
2
2
5.4
Totals
97
26
100
36
8
37
Table 3. Cities containing five or more banks that
issued $300 or $1000 National Bank notes.
City Number of Banks
Boston 34
New York 20
Baltimore 7
Providence 6
Philadelphia 3
Pittsburgh 3
Page 1 05
Paper Money Whole No. 136
Table 4. Numbers of $500 and $1000 National Bank notes issued in each state.
$500 and $1000
$500 Notes $1000 Notes Combined
ORIG
1875
Total
% of T otal
ORIG
1875
Total
% of Total
Total
% of Total
Alabama
292
292
1.2
292
1.0
California
610
610
2.5
610
1.9
Louisiana
720
720
2.9
720
2.2
Maine
560
9
569
2.3
569
1.7
Maryland
860
50
910
3.7
142
142
1.9
1052
3.3
Massachusetts
10106
842
10948
44.6
1407
160
1567
21.0
12515
39.1
New York
5767
2843
8610
35.0
3902
1465
5367
72.0
13977
43 6
Pennsylvania
1175
230
1405
5.7
237
11
248
3.3
1653
5.2
Rhode Island
410
105
515
2.1
130
130
1.8
645
2 0
Total
20208
4371
24579
5818
1636
7454
32033
oo ami tcDwUipMD
„ rutsT _
NA'mWALBANKOF
Original Series and Series of 1875 impressions for the First Na-
tional Bank of Lynn, MA (638). The 1875 plate was prepared by
altering the Original Series plate through the addition of the
"printed at the Bureau of Engraving and Printing, Treasury
Dept" logo, and changing the treasury signatures to those then
currently in office. Notice that the bureau logo was omitted from
the 1875 plate in error.
Page 106
Paper Monev Whole No. 136
Tabic S. S500 cod $1000 Nctloncl Beak nocce printed end laiucd.
Serial!
S«ac Co
Scoto City
Tlclo
Charter
Scrlee
Bank Scrlala
Trcaaurv Scrtala
Baok
yx> alaflt HOC* ih*«c«
AlaboM
Nobile
rirec NB
1593
1875
1 -
400
At051 - A1450
401
550
A2521 > A2670
551 -
700
A5441 - A5590
1
-
292
CelKerala
Saa Fraacteco
rirac N Cold B
1741
OBIC
1 -
60
Hli451 - H11490
61 -
110
N13112 - N13161
111 -
200
H15262 • M15551
201 -
500
H13429 - M13528
1
-
300
N Cold B aad 7 Co
1994
OBIC
1 •*
50
H15559 - M13408
51 -
100
H15529 * H15578
101 -
150
M13629 - M15678
151 -
250
MI5946 - M14045
•
-
250
N Cold B of D 0 HiiU
2014
OBIG
1 -
60
H136S6 - M13745
1
-
60
Leulalaaa
New Orlaana
New Orleaaa NB Aaao
1825
OBIC
1 .
520
H1161I - N11930
521 -
500
M12654 - H12835
501 -
720
H12892 - H13111
1
720
HattM
forclaad
Caaal NB
941
OBIC
1 -
100
7597 - 7496
1
-
100
Herchaoca NB
1025
OBXC
1 -
60
10552 - 10591
61 -
80
N11354 - MI1573
81 -
120
H15242 - H15281
121 -
140
H16642 - N1666I
141 -
170
N17508 - H17557
1
-
170
1875
1 -
20
A4001 - A4020
1
-
9
Caeco MB
1060
OBIC
1 -
100
6669 • 6768
101 -
150
Nt4046 - H14095
151 -
250
NI4662 - M14761
251 -
550
M1757e - H17677
1
-
290
Harylaod
Balcloore
1252
OBIC
1 -
62
10502 - 10565
I
-
62
Ueacera NB
1525
OBIC
1 -
100
8145 - 8244
101 -
140
9795 - 9854
141 -
240
H15162 - N15261
241 -
540
Hi4352 > H1445I
541 -
540
H17508 - H17507
1
-
526
Clclseoa NB
1584
OBIC
1 -
40
8517 - 8550
41 -
70
10631 - 10660
1
•
70
1875
1 -
50
A1 * A50
1
-
50
N Mechaalca B
1415
OBIC
1 -
40
10455 - 10494
41 -
60
10611 - 10630
1
-
60
Haaaachuaecca
loatoD
rirac NB
200
OBIC
1 -
100
599 - 698
101 -
200
5183 - 5282
201 -
250
8858 - 8907
251 -
550
10804 - 10905
551 *
450
H11224 - H11525
451 -
550
Ni23ll - H12410
551 -
1550
N15562 - Ht6361
1
-
659
579
OBIC
1 -
luO
813 - 912
101 -
140
4656 - 4695
141 >
190
6348 - 6397
1
-
190
N Hide and Leather 8
460
OBIC
1 -
150
4031 - 4180
151 -
250
7290 - 7389
251 -
278
H12864 > M12891
1
.
278
1875
1 -
20
A3891 - A3910
aoQC
Herchance NB
475
OBIC
1 -
500
92 - 59 1
501 -
540
10725 - 10764
541 -
640
10904 - 11003
641 -
740
N12161 - H12260
1
740
1875
1 -
50
A3041 > A3070
51 -
6C
A3591 - A3620
61 -
80
A3871 > A3890
1
80
Blackacone NB
514
OBIC
1 -
100
920 > 1019
101 -
200
2185 - 2282
201 *
250
5283 - 5332
251 -
280
10691 •> 10720
281 -
510
H11004 - N11053
511 -
540
H11324 - H11553
541 -
570
H12261 * H12290
1
-
370
CoDCiaantal NB
524
OBIC
1 -
150
1027 - 1176
151
190
H11034 > HU073
191 -
290
M11124 - H11223
291 -
490
M12441 • M12640
1
-
490
N Exchange B
529
OBIG
1 -
500
5641 - 5140
1
-
200
UlOC NB
556
OBIC
1 -
100
2597 - 2696
101 -
200
5083 - 5162
201 -
250
10774 - 10805
251 -
249
H11082 - NlllOO
Paper Money Whole No. 136
Page 107
Brlghtoo
Low«Il
Lyao
Serials
Seat to
Tltli
Charter
Series
Bank Serials
Treasury Scrlala
Bank
250 -
270
H11571 - H11591
271 -
290
H12291 - N12310
>
290
1875
1 -
100
A951 > A1050
-
100
Boylatoa NB
5*5
ORIC
1 -
100
706 - 805
101 -
150
H13579 > H13628
-
150
Howard NB
578
ORIC
1 -
250
118* - 1*33
251 -
270
H12I11 - H12130
-
270
SKawuC NB
582
ORIC
1 -
100
1**1 - 15*0
101 -
250
3810 - 3959
251 -
290
H16562 • H16601
-
290
Waahlagtoa NB
601
ORIC
1 -
100
1869 - 1968
101 -
200
Hl**32 - H14531
200
1875
1 -
*0
A3621 • A3660
-
*0
New England NB
60)
ORIC
1 -
100
1655 - 175*
101 -
120
*181 - *200
121 -
180
Ht*l72 > H14231
181 -
2*0
HU602 H|*66l
2*1 -
280
H17678 - H17717
280
1875
1 -
100
A151 - A250
*6
N City B
609
ORIC
1 -
100
1762 - 1861
101 -
200
*201 - *300
-
200
Suffolk NB
629
ORIC
1 -
300
2290 > 2589
301 -
450
765* - 7803
-
*50
Atlantic NB
6*3
ORIC
1 -
100
4338 - *437
100
1875
1 -
100
A31*l - A3240
-
100
Shoe and Leather NB
6*6
ORIC
I -
150
2961 - 3110
-
150
Atlas NB
65*
ORIC
1 .
250
270* - 2953
251 «
301
1006* > 1011*
302 -
321
10661 > 10680
.
321
1875
1 -
100
A2671 - A2770
-
100
Frecnaaa NB
665
ORIC
1 ••
100
3325 - 3*2*
101 -
120
H11931 > H11950
-
120
NB of North Aserlca
672
ORIC
1 -
200
3118 - 3317
201 -
260
838* • 8**3
-
260
Naverlck NB
677
ORIC
1 -
100
3596 - 3695
100
Faneull Hall NB
8*7
ORIC
1 *
380
*703 - 5082
-
380
Clobc NB
936
ORIC
1 -
150
5377 - 5526
-
150
N Uoioa B
985
ORIC
1 -
50
6612 - 6661
51 -
130
9710 - 9789
131 -
230
N15042 - M15141
-
22*
N Eagle B
993
ORIC
1 -
200
61*8 - 6347
201 -
300
H12011 - H12110
-
200
Old Boston NB
1015
ORIC
1 -
200
6*05 - 660*
201 >
266
H14096 - H14161
267 -
366
K15142 - H152*1
-
170
367 -
*16
N17718 - H17767
201
-
393
1875
1 -
20
A3071 - A3090
none
Coluablao NB
1029
ORIC
1 «
100
6833 - 6932
101 -
165
82*5 - 8309
166 >
205
9215 • 925*
“
205
N Beserve B
1295
ORIC
1 -
150
750* - 7653
151 -
198
9662 - 9709
“
198
N Webster B
1527
ORIC
1 -
200
8915 - 911*
201 -
260
NU762 - H14821
261 -
300
M17768 > H17807
-
293
1875
1 -
200
a251 - A*50
201 -
220
A3021 - A30*0
noae
N Market B
806
ORIC
1 -
50
*606 - *656
-
50
Appleton NB
986
ORIC
1 -
20
836* > 8383
21 •
28
H1107* - H11081
29 -
39
HlllOl * Hlllll
*0 -
99
H11951 • KUOlO
100 •
139
M14562 > Kl*60t
1*0 -
339
H16362 • H16561
3*0 -
639
H17808 - H18107
1
-
319
1875
1 -
50
A3091 * A3140
51 -
lOO
A3931 * A3980
none
First NB
638
ORIC
1 -
aO
3760 - 3809
51 -
70
H11*0* - H11423
71 -
100
HI2131 > H12160
1
-
100
1875
1 -
20
A4021 > A40*0
21 -
*0
A4057 - A4076
1
-
20
Page 108
Paper Monev Whole No. 136
S<rlaU
St>f
CitT
TUU
Charrar
Sarlaa
bank
Sartala
Tr««.ur)
Serial a
Scat lo
bank
N«w («dford
Mechanic* Ml
743
Okie
30
3967
- 3996
31
60
4301
- 4330
61
•
90
811374
> Ml 1403
91
-
120
H1241t
> N12440
121
-
150
H15282
- M15311
1 -
150
1875
•
-
50
A2971
• A3020
1 -
50
Harchaata Ml
799
Okie
1
-
40
4559
- 4598
1 -
40
ftoxbury
Ptoplaa Nb
S9S
Okie
1
-
50
4445
4494
1 -
50
M kocklaod 1
61}
Okie
1
-
50
3703
- 3752
j -
50
SaUa
Hcrchaoca Nb
726
Okie
1
-
20
4004
- *023
1 -
20
TauaCoa
brlacol Couaty Nl
766
Okie
1
-
50
4502
> 4551
51
-
62
M11112
- M11123
63
74
H11592
- M11603
75
94
Ml 3409
• M13428
95
-
114
M14542
- M14561
115
-
134
M15022
> M15041
135
-
154
M15342
- H15361
155
194
M16602
• NI6641
195
•
234
M17538
- Ml 757?
1 -
2 34
1875
1
-
20
A3981
- A4000
21
•
36
A4041
- A4056
37
-
46
A4077
- A4086
1 -
46
HachlnUca Nb
9*7
Okie
1
..
30
5340
5369
31
•
43
M12641
- M12653
44
53
M14162
• M14171
54
-
83
H15312
- M15341
84
-
123
M17268
- M17307
-
123
1875
1
-
100
A51
- A150
-
100
Uorctatar
Hachaalca Nb
113S
Okie
1
-
50
6776
- 6825
-
50
ll«w York
Now York
FIrac Nb
29
1875
1
500
A451
- A950
501
-
1500
A1451
• A2450
1501
-
1600
A3661
- A3760
-
1498
Fourch Nb
290
Okie
1
.
400
9262
• 9661
401
•
600
M13746
- M13945
601
-
700
M14232
> M14331
701
-
900
M14822
* M15021
901
-
1500
M16662
• M17261
-
1316
N Park b
891
Okie
1
.
100
5534
- 5633
101
400
6990
- 7289
401
•
500
9115
- 9214
501
•
505
9790
- 9794
-
505
1875
1
60
A2451
- A2510
aoae
B of Now York N Baaklaf Aaao
1393
Okie
1
-
300
7838
- 8137
-
300
Aatrlran Cxchanbo Nb
1394
Okie
1
.
350
8508
- 8857
351
-
354
10721
- 10724
-
354
Pcaa«]rlv«r)ta
Laacaatcr
Faratra NB
597
Okie
1
100
1548
1647
101
-
106
M17262
- M17267
1 -
64
PhiUdolphla
PhlUdalphU NB
539
Okie
1
.
190
9874
« 10063
191
-
400
10115
- 10324
-
400
Fltcabursb
Marchanca and Haaufacrurara Nb
613
Okie
1
100
2083
- 2182
-
100
1875
1
-
200
A2771
• A2970
-
169
Cltlaaaa NB
619
Okie
1
-
100
1976
- 2075
1 -
100
NB of CoMarca
668
Okie
1
100
3489
> 3588
101
-
180
M11491
- M11570
181
-
200
M12844
- M12B63
1 -
200
1875
1
-
200
A3241
• A3440
1 -
50
678
Okie
1
-
50
34 32
3481
1 -
50
khod« Itlaad
Pawtucktt
FIrac NB
843
Okie
1
•
25
9842
9866
26
-
34
10765
- 10773
35
-
44
M12834
' 812843
1 -
44
1875
1
-
110
A3761
- A3870
1 -
75
Provldoaco
thoda lalaod Nb
983
Okie
1
-
40
10571
- 10610
1 -
40
NB of North Aaarlca
1036
Okie
1
50
8451
- 8500
51
-
106
10392
- 10447
1 -
106
MerchaaCa Nb
1131
Okie
1
-
50
6940
6989
1 -
50
Blackacoac Canal NB
1328
Okie
1
20
7811
- 7830
21
-
30
10681
- 10690
31
-
40
H14532
- M14541
1 -
40
1875
1
-
10
*2511
- *2520
11
-
30
A3911
- A3930
I -
30
1000 atnilc nor*
ahc«ta
IUa«a«:hus«tca
loatoa
Marchaoca Nb
*75
Okie
1
150
213
362
151
-
250
697
796
Paper Money Whole No. 136
Page 1 09
Sarlala
$f n
City
Tula
Sant to
Charter
Sarlaa
Bank Sarlala
Lr“-rr
Sarlala
Bank
251 -
270
932 -
951
271 -
370
L952 -
L1051
1 - 370
ShawauC HI
5B2
ORIC
1 -
50
370 -
419
1 - 50
Aclaa HI
65A
ORIC
170
427 -
596
171 -
188
914 -
931
1 - 188
Mtw York
Haw York
Pourch NB
290
ORIC
100
106 -
205
101 -
200
597 -
696
201 -
500
L1052 •
L1351
1 - 500
B of Naw York N Banking Aaao
1393
ORIC
1 -
no
804 -
913
1 - no
SOO-tOOO ahcccs
Kar/laad
lalelaoro
Coaaarvlal and Faraara NB
1303
ORIC
30
1408 -
1437
l - 30
Harchaata NB
1336
ORIC
1 -
40
2123 -
2162
1 - 40
Union NB of Haryland
U89
ORIC
1 .
70
1935 -
2004
71 -
72
2236 -
2237
1 - 72
haaaacKuattct
toatoa
NB Coaaarca
556
ORIC
1 -
100
327 -
426
101 -
120
691 -
710
121
160
1569 -
1608
161 -
184
2062 *
2085
185 -
204
2238 >
2257
205 -
254
K2258 -
IC2307
255 -
354
R2495 -
K2594
1 - 354
1875
1 -
20
A761 -
A780
21 -
40
A1788 -
AI807
41 -
100
A1843 •
A1902
1 - 100
Traaonc NB
625
ORIC
1 .
150
541 -
690
151 -
165
X2480 -
1C3494
1 - 165
Kaaaachuaacta NB
974
ORIC
1
50
1010 -
1059
51 -
58
K2308 •
R2315
59 -
88
K2682 -
K2711
1 - 58
Staca NB
1028
ORIC
] .
100
846 -
945
101 -
117
2219 *
2235
1 - 117
Uddar N Cold B
1699
ORIC
1 -
75
K2343 -
K2417
1 - 75
Haw kadford
NB of Coaoarca
690
ORIC
1 -
30
718 -
747
1 - 30
Salta
Plrac NB
407
1875
1 .
40
AJ -
A40
41 -
60
A176e -
A1787
1 - 60
Haw York
Haw York
Taach NB
307
ORIC
50
K2425 -
K2474
1 - 50
Ninth NB
387
ORIC
1 .
100
113 -
212
1 - 100
1875
100
A661 >
A760
101 -
390
A781 -
A1070
1 - 390
Tradaaaaaa NB
905
ORIC
] .
20
792 -
811
1 - 20
1875
1 -
20
A41 -
A60
21 -
30
A1808 *
A1817
1 - 30
N Shot and Laachar B
917
ORIC
1 -
20
819 -
838
1 - 20
NB of Cha Bapublle
1000
ORIC
50
953 -
1002
1 - 50
Karchaata Eachanga NB
1080
ORIC
1 .
15
2170 -
2184
16 -
20
R2475 -
R2479
1 - 20
Natropolltan NB
1121
ORIC
205
1616 -
1820
1 - 205
1875
1 -
667
AllOl •
A1767
1 - 481
Hachanlca NB
1250
ORIC
1 -
50
1244 -
1293
1 - 50
Union NB
1278
ORIC
170
1067 -
1236
1 - 170
Karchanta NB
1370
ORIC
100
1301 -
1400
1 - 100
1875
1 -
600
A61 -
A660
1 - 64
Chachaa NB
1375
ORIC
1 -
10
1482 •
1491
1 - 10
Continental NB
1369
ORIC
70
1499 -
1568
1 - 70
N City B
1461
ORIC
100
1828 -
1927
1 > 100
NB of the State of NY
1476
Otic
1 -
27
2192 -
2218
1 - 27
faaaaylvaala
Ptklladalphta
Manuf acCurara KB
557
ORIC
1 .
100
434 -
533
1 - 52
101 -
120
K2316 -
K2335
101 > 120
Conaolldacad NB
561
ORIC
1 -
100
220 -
319
1 - 33
Union NB
563
ORIC
1 .
80
K2602 -
R2681
1 - 80
1875
1 -
30
A1071 •
AllOO
31 -
55
A1618 -
A1842
1 - 11
Faoplaa NB
727
ORIC
30
755 -
784
31 -
40
K2712 -
K272]
1 • 40
khoda lalaad
Frevldaaca
NB of CoaMaraa
1366
ORIC
1 -
30
1445 -
1475
Page 110
Paper Mone^ Whole No. 136
Scrt«lt
Scoc Co
Sft» city
Ttrle
Charter
Serlca
iaok Serlala
Yrcaaury Serial*
leak
-
31 -
60
2086 -
2115
61 -
60
R2722 -
R2741
1 -
60
AaerlcaD NB
1472
ORIC
» “
50
2012 -
2061
1 -
50
500-500-SOO-500 ihcte*
New tork New York
Nt of CoMoercc
733
ORIC
1 -
i75
120 -
694
1 -
575
1675
1 -
95
Al -
A95
1 -
95
S00-S00>500~1000 eheete
Peaneylvanie fhlledclphla
Ueetcra NB
656
ORIC
1 -
12
134 -
145
1 -
12
I000-1000>1000-1000 ihcere
New York New York
NB of Conerue
733
ORIC
1 -
575
127 -
701
1 -
575
1875
1 -
125
Al -
A125
I -
125
iJtt'KUli
tiTYOFi>i<:wv(mi
Ta liri fjj iim-
JSJ tiujIUf ■OatmUD^O-' katioinal currency.
' £\iamxx^2Stiu^ ^-
n' IT Y ( ) F E W Y( )H li
V'4,j2aJLC£«4,.
QSAxmiia
USEFULNESS
The $500 and $1000 denomination national bank notes did
not enjoy wide circulation due to their huge purchasing power.
Rather, they probably served mostly as vault cash to meet re-
serve requirements. As a result many undoubtedly remained in
very nice condition until they were finally sent in for redemp-
tion. The banks that received these notes also ordered most if
not all of the other available Original Series and Series of 1875
denominations. There was one exception. The New Orleans
National Banking Association (1825) used only $500s.
Most $500s and $1000s were probably ordered as a show of
financial prowess as much as for any other purpose. Many early
Boston banks enthusiastically ordered the high denominations,
and those banks preferred $500s. A few Philadelphia banks got
into the act in December, 18^, by ordering 500-1000 combi-
nations. Ultimately, the New York banks showed their raw
power by ordering the majority of the 500- 1000 sheets made.
As shown in Table 8, the first $500 was sent to the Merchants
National Bank of Boston (475) in a shipment dated October 15,
1864. The Fourth National Bank of New York (290) received
the first $1000 in a shipment sent November 30, 1864. As
shown dramatically in Figures 1 and 2, the strong early interest
in $500 and $1000 notes had largely worn off by the end of
1866. No new plates were ordered between 1867 and 1870. Of
the ten banks that ordered high denomination plates beginning
in 1871, four were national gold banks in 1871 and 1872.
Pagein
Paper Money Whole No. 136
Table 6 . $500 and $1000 National Bank sheets shipped by the Comptroller of the Currency to the banks
with the dates of the first and last shipments.
Original Series Series of 1B7S
Charter City State Combination Serials Dates * Serials Dates * Cancelled
29
New York
NY
500
1
-
1498
Sep 26, 1878
• Aug 17, 1881
1875: 1499 -
1600
200
doeton
MA
500
1
-
659
Nov 3, 1864
-
Dec 28, 1882
ORIG: 660 -
1550
290
New York
NY
500
1
-
1316
Nov 24, 1665
-
8ep 12, 1882
ORIC:1317 -
1500
1000
1
-
500
Nov 30, 1664
-
Dec 17, 1874
J07
New York
NY
500-1000
1
-
50
Aug 16, 1671
-
Feb 16, 1872
379
Boston
MA
500
1
-
190
Nov 17, 1864
-
Jan 9, 1868
337
New Yotk
NY
500-1000
1
-
100
Dec 5, 1664
-
Feb 11, 1865
1
-
390
May 15, 1879
- Dec
27, 1882
i07
Salem
MA
500-1000
1
-
60
May 19, 1877
- Dec
12, 1882
460
Boston
MA
500
1
-
278
Feb 17, 1865
-
Dec 18, 1872
1875: 1 -
20
475
Boston
MA
500
1
-
740
Oct 15, 1664
-
Apr 10, 1874
1
-
80
Nov 19, 1880
- Dec
9, 1881
1000
1
-
370
Dec 27, 1664
-
Jul 20, 1675
514
Boston
MA
500
1
-
370
Dec 6, 1864
-
Sep 14, 1872
524
Boston
MA
500
1
-
490
Dec 8, 1864
-
Mar 27, 1684
529
Boston
MA
500
1
-
200
May 19, 1666
ORIG: 201 -
500
536
Boston
MA
500
1
-
290
Jan 19, 1865
-
Nov 27, 1870
1
-
100
Dec 23, 1876
- Jun
12, 1878
539
Philadelphia
PA
500
1
-
400
Feb 24, 1866
-
■May 7, 1666
545
Boston
MA
500
1
-
150
Nov 17, 1864
-
Jun 5, 1874
554
Boston
MA
500-1000
1
-
354
Dec 8, 1864
-
Apr 21, 1879
1
-
lOU
Apr 1, 1880
• Jul
30, 1684
557
Philadelphia
PA
500-1000
1
-
120
Dec 15, 1664
-
Mar 14, 1874
OrllG: 53 -
100
561
Philadelphia
PA
500-1000
1
-
33
Dec 6, 1864
ORIG: 34 -
100
563
Philaoelphia
PA
500-1000
1
.
80
May a, 1873
-
Mar 17, 1881
1
-
11
Feb 27, 1864
- Mar 19, 1884
1875: 12 -
55
573
Boston
MA
500
1
-
270
Dec 15, 1864
-
Oct 26, 1881
582
Boston
MA
500
1
-
290
Dec 15, 1864
-
Nov 19, 1875
1000
1
-
50
Feb 17, 1865
595
Roxbury
MA
500
1
-
50
Mar 10, 1865
-
Oct 20, 1870
597
Lancaster
PA
500
1
-
64
Dec 30, 1864
-
Mar 3, 1875
ORIG: 65 -
106
601
Boston
MA
500
1
-
200
Jan 9, 1665
-
Jul 8, 1881
1
-
40
Dec 3, 1881
■ Mar
9, 1883
603
Boston
MA
500
1
-
280
Dec 27, 1664
-
Jun 12, 1875
1
-
46
Feb 9, 1877
- Oct 20, 1884
1875: 47 -
100
609
Boston
MA
500
1
-
200
Dec 30, 1864
-
Mar 2, 1865
613
Pittsburgh
PA
500
1
-
100
Jan 12, 1865
-
Sep 18, 1865
1
-
169
Apr 8, 1884
• Nov IGf) 1664
1875: 170 -
200
615
Roxbury
MA
500
1
-
50
Feb 3, 1865
-
May 27, 1872
619
Pittsburgh
PA
500
1
-
100
Jan 9, 1865
•
May 29, 1876
625
Boston
MA
500-1000
1
-
165
Jan 20, 1865
-
Oct 31, 1872
629
Boston
MA
500
1
-
450
Jan 12, 1865
-
Sep 7, 1865
638
Lynn
MA
500
1
-
100
Feb 3, 1865
-
Sep 16, 1876
1
-
20
Mar 13, 1884
- Apr
3, 1884
1875: 21 -
40
643
Boston
MA
5C0
1
-
100
Mar 10, 1865
1
-
100
Apr 27, 1881
646
Boston
MA
500
1
-
150
Jan 18, 1865
-
Feb 4, 1873
654
Boston
MA
500
1
-
321
Jan 18, 1865
-
Jan 4, 1873
1
-
100
Jun 7, 1878
- Nov
7, 1884
1000
1
-
160
Feb 17, 1865
-
Apr 28, 1066
656
Philadelphia
PA
3x500«1000
1
-
12
Feb 24, 1866
665
Boston
MA
500
1
-
120
Jan 20, 1865
-
Mar 24, 1875
666
Pittsburgh
PA
500
1
-
200
Feb 4, 1865
-
Dec 13, 1872
1
-
50
Jul 19, 1884
- Dec
2, 1884
1375: 51 -
200
672
Boston
MA
500
1
-
260
Jan 20, 1865
-
Nov 18, 1870
677
Boston
MA
500
1
.
100
Jan 31, 1865
678
Pittsburgh
PA
500
1
-
50
Feb 4, 1865
-
Jan 31, 1873
690
New Bedford
MA
500-1000
1
-
30
Feb 10, 1865
726
Salem
MA
500
1
-
20
Feb 17, 1865
727
Pittsburgh
PA
500-1000
1
-
40
Apr 16, 1665
-
Jul 13, 1874
733
New York
NY
4x500
1
-
575
Apr 24, 1865
-
Mar 25, 1875
1
-
95
Feb 28, 1802
- Jun
9, 1663
4x1000
1
-
575
Apr 24, 1865
-
Dec 23, 1676
1
-
125
Nov 9, 1877
743
New Bedford
MA
500
1
-
150
Feb 23, 1865
-
Apr 16, 1875
1
-
50
May 12, 1880
- May
4, 1882
766
T Slaton
MA
500
1
-
234
Mar 10, 1865
-
Jan 3, 1883
1
-
46
Mar 5, 1683
- Dec
9, 1864
799
New Bedford
MA
500
1
-
40
Mar 10, 1665
806
Brighton
MA
500
1
-
50
Mar 14, 1865
Page 112
Charter City
Slate Combination
Orioinal Series
Series of 167S
Paper Mon
ey Whole No. 136
Cancelled
Serials
Oates*
Serials
Dates*
iui
Pawtucket
R1
500
1 - 44
Feb 24, 1865 - Aug 14, 187}
1 -
75
Oct 8, 1881 -
Dec
2, 1684
1875: 76
- no
B47
Boaton
MA
500
1 • )80
Mar 24, 1865
B91
New York
NY
500
1-505
May 31, 1865 - Nov 2, 1867
1875: 1
- 60
905
New York
NY
500-1000
1 - 20
May 31, 1865
1 -
30
Jun 31, 1878 -
Oct
17, 1883
917
New York
NY
500-1000
1 - 20
May 31, 1865
9)6
doaton
t/A
500
1 - 150
May 11, 1865
941
Portland
NC
500
1 - 100
Dec 28, 1865
94 7
T auiton
MA
500
1 - 12)
Jan 10, 1865 - Feb 14, 1882
1 -
100
Feb 14, 1887 -
Dec 15, 1884
974
Boston
MA
500-1000
1 - 58
Jun 17, 1865 - Sep 30, 1871
ORIO: 59
• 66
98)
Pro« idence
Rl
500
1 - 40
Jul 7, 1866
985
Boston
MA
500
1 - 224
Jun 17, 1865 - Mar 20, 1885
ORIG: 225
- 2)0
986
Lowell
MA
500
1 - )19
Dec 5, 1865 - Jan 26, 1885
ORIG: 320
-6)9j
1875: 1
- 100
99)
Boston
MA
500
1 - 200
Jun 17, 1865
ORIG: 201
- )0U
1000
New York
NY
500-1000
1 - 50
Jun 10, 1865
1015
Boston
MA
500
1 - )9)
Jun 17, 1865 • Aug 30, 1880
ORIG: 171
-200,
394
-416;
1675: 1
- 20
102)
Portland
500
1 - 170
Jun 14, 1866 - Oct 25, 1875
1 -
9
Nov 11, 1884
1875: 10
- 20
1028
Boston
MA
500-1000
1 - 117
Jun 10, 1865 - Oct 10, 1866
1029
Boston
MA
500.
1 - 205
Jun 30, 1865 - Nov 16, 1865
10)6
Provioence
RI
500
1 - 106
Oct 14, 1865 - May 23, 1866
1060
Portland
ME
500
1 - 290
Jun 30, 1865 - Jul 12, 1875
ORIG: 291
- )50
1080
New York
NY
500-1000
1 • 20
Mar 8, 1866 - Jan 3, 187)
1121
New York
NY
500-1000
1 • 205
Oct 28, 1865
1 -
481
Apr 21, 1661
1875: 482
- 667
11)1
Providence
Rl
500
1 - 50
Jun 30, 1865 - Apr 1, 1869
11)5
Worcester
MA
500
1 - 50
Jun 30, 1865 - Feb 17, 1875
1250
New York
NY
500-1000
1 - 50
Aug 24, 1865
1252
Baltimore
MO
500
1 - 62
Jun 7, 1866
1278
New York
NY
500-1000
1 - 170
Aug 24, 1865 - Jul 25, 1868
1295
Boston
MA
500
1 - 198
Aug 28, 1865 - Dec 29, 1866
1)0)
Baltimore
mD
500-1000
1 - 50
Sep 25, 1865
1)25
Baltimore
MO
500
1 - 526
Sep 25, 1865 - Jun 10, 1885
ORIG: 527
- 540
1)28
Providence
Rl
500
1 - 40
Sep 25, 1865 - May 6, 1876
1 -
30
Mar 11, 1876 -
Feb
6, 1884
1))6
Baltimore
MO
500-1000
1 - 40
Apr 28, 1666
1)66
Providence
Rl
500-1000
1-80
Sep 25, 1868 - May 6, 1681
1)70
New York
NY
500-1000
1 • 100
Sep 4, 1865
1 -
64
Oct 27, 1882 -
Jul
17, 1684
1875: 65
- 600
1)75
New York
NY
500-1000
1 - 10
Sep 25, 1865
1)84
Baltimore
MO
500
1 - 70
Jun 13, 1666 - Sep 25, 1866
1 -
50
Apr 21, 1876 -
Jun
22, 1683
1)89
New York
NY
500-1000
1 - 70
Sep 25, 1865 - Jan 17, 1868
1)9)
New York
NY
500
1 - )00
Sep 25, 1865
1000
1 - 110
Feb 24, 1866 - Aug 11, 188}
1)94
New York
NY
500
1 - )54
Oct 16, 1865 - Dec 19, 1868
141)
Baltimore
MO
500
1 - 60
Jun 7, 1666 - Jul 30, 1866
1461
New Ytfk
NY
500-1000
1 - 100
Oct 30, 1865
1472
Providence
Rl
500-1000
1 - 50
Oct 30, 1865
1476
New York
NY
500-1000
1 - 27
May 26, 1866
1489
Baltimore
MO
500-1000
1 - 72
Oct 31, 1865 - Apr 4, 1876
1527
Boston
MA
500
1 - 29)
Nov 15, 1865 - Feb 11, 1876
ORIG: 294
o
p
1875: 1
- 220
1595
Mobile
AL
500
1 -
292
May 10, 1878 -
Jan
2. 1864
1875: 293
- 700
1699
Boston
MA
500-1000
1 - 75
Apr 8, 1871
1741
San F rancisco CA
500
1 - )00
Apr 6, 1871 - Mar 30, 1882
1825
New Orleans
LA
500
1 - 720
Jul 28, 1871 - Apr 1, 1872
1994
San Francisco CA
500
1 - 250
Jun 17, 1872 - Apr 5, 1873
2014
Sacramento
CA
500
1 - 60
Aug 7, 1872
A. Sirkgle date iodicatet all aheeta were ahipped on aame day.
NUMBER OF NOTES OUTSTANDING
Paper Monev Whole No. 136
Tabla 7. ActuaJ utaqa of tAo iSOO orKt SIOOO NollonoJ Bank shael comOlnallont,
Oriainsl Series
Series of 187S
Totei
Sheet Combihetton
Bertki
SheeU
Books
Sheets
Benks
Sheets
SOO
66
1SS84
18
2dii
68
ie«}9
1000
>
1218
none
5
1218
*00-1000
29
2288
7
11)6
X
U26
« 1 SOO
I
i7i
1
9i
1
670
1 s SCO • 1000
1
12
none
1
12
4 s 1000
1
57S
1
12S
1
700
Figure 1. Numbers of $500 national bank notes outstanding
on October 31 of each year between 1864 and 1930. The 685
national gold bank notes issued between 1871 and 1882 are
omitted until 1915. when the last four still outstanding were
added to the totals.
Page 113
TabI* 8. Tint ind last $SOO and $1000 National Bank notet iitued.
First Issued
Lest Issued
Cherier
Oele
Cherier
Oete
QR(C $)00
47)
Oct 1), 1864
1)2)
Jist 10. 188)
CHIC ilOOO
290
Nov )0, 1864
1)9)
Aug 11, 188)
187) 1)00
1)84
Apr 21. 1876
947
Owe 1). 1884
187) SIOOO
407
Mey 19, 1677
))4
Jui X, 1664
Several banks that used the high denominations continued to
receive them in periodic shipments from the Comptroller long
after 1866. However, a measure of the lack of utility of the high
denomination notes is reflected in the fact that the entire $500
and $1000 issuances for 25 banks were sent in a single ship-
ment (see Table 6). Those banks never went back for more! By
the end of October 1866, 54% of all the $500s and 63% of all
the $1000s had already been issued to user banks. As shown in
Figures 3 and 4, the demand dwindled to a trickle during the
next 19 years. Additional evidence that they were less than use-
ful is the fact that when high denominations including $500,
$1000 and $10,000 were authorized by Section 11 of the Em-
ergency Currency (Aldrich-Vreeland) Act of May 30, 1908.
none were prepared. For that matter it appears that 1908 de-
signs were never produced.
Figure 2. Numbers of $1000 national bank notes outstanding
on October 31 of each \)ear between 1865 and 1930. The 75
national gold bank notes issued and redeemed in 1871 are
omitted.
1930
NUMBER OF NOTES ISSUED
Page 114
Paper Mor\e\) Whole No. 136
fBEXiXJ -ajkiiiliUJrCQC'iilUU-
''■"1^ Vllt^
Ki>rri citirr
liTTgrriij rjiiirro-'
• • li Ms. .T’.... .fs<Vfl.
10000
9000
8000
7000
6000
5000
4000
3000
2000
1000
$ 500’s
4000
3000
o
u
3
in
in
UJ
O 2000
z
fe
(T
LiJ
CD
s
3
1000
$ lOOO's
IIOOO
Figure 3. Numbers of $500 national bank notes issued during
the vear ending October 31 of each year between 1864 and
1885. The 685 national gold bank notes issued between 1871
and 1882 are omitted.
Figure 4. Numbers of $1000 national bank notes issued during
the vear ending October 31 of each vear between 1865 and
1884. The 75 national gold bank notes issued in 1871 are
omitted.
Paper Moneii Whole No. 136
Page 115
The last $1000 was sent to the National Bank of Commerce,
Boston (554) on July 30, 1884 in a shipment of 1875 $500-
$1000 sheets. The last $500 was an Original Series sent to the
Western National Bank of Baltimore (1325) on June 10, 1885.
The demise of the $500 and $1000 national bank notes oc-
curred in 1885 as a result of a combination of the following three
factors. (1) Several issuing banks went out of business. (2) The
two surviving national gold bank users converted to regular
national bank status under the provisions of the Act of February
14, 1880, and elected not to use high denominations thereafter.
(3) The remaining issuing banks were extended before 1886
under the provisions of the Act of July 12, 1882, and no series
of 1882 $500 or $1000 notes were prepared for their use. The
First National Bank of Mobile, Alabama (1595) was the last of
the regular national banks to be extended in the group that is-
sued high denomination notes, an event that occurred October
10, 1885.
Of the four national gold banks that issued high denomination
notes, the Kidder National Gold Bank of Boston (1699) and Na-
tional Gold Bank and Trust Company of San Francisco (1994)
liquidated respectively in 1872 and 1879. The First National
Gold Bank of San Francisco (1741) and National Gold Bank of
D O. Mills and Company, Sacramento (2014) converted to
regular status respectively in 1884 and 1883. Both elected not
to use $500 or $1000 Series of 1875 denominations after their
conversions. Consequently, the last of the high denomination
gold bank notes was in a shipment of $500s to the First National
Gold Bank of San Francisco (1741) on March 30. 1882.
KIDDER NATIONAL GOLD BANK
The Kidder National Gold Bank of Boston (1699) was the first
national gold bank chartered, and holds the distinction of being
the only one to utilize the 500-1000 combination. Its history
was brief. On August 15, 1870, it deposited $50,000 in bonds
to secure its circulation. This was followed on November 5,
1870. with an additional $100,000 bond deposit. The first ship-
ment of notes was made to the bank on March 11. 1871 when it
was sent 50 sheets of the 50-100 combination. Seventy-five
sheets of its 500-1000 combination were received by the
Comptroller on April 5. 1871. and sent to the bank three days
later. The high denomination shipment boosted its circulation to
a total of $120,000. the 80 percent legal limit for its $150,000
bondedness. These two shipments accounted for all the notes
ever printed for the bank. All were Original Series notes and the
$ 1000s were the only $1000 national gold bank notes made.
Although the notes were received by the bank, they never
reached circulation. All were returned and redeemed by the
Comptroller on December 4, 1871. The bank sold its bonds on
December 9th and 19th in $140,000 and $10,000 increments,
thus liquidating its capacity to secure circulation. The bank was
liquidated on November 8, 1872. Proofs remain of the $50 and
$100 denominations (See Hessler, 1979), but none seem to re-
main of the $500 and $1000 denominations.
EXOTIC PLATE COMBINATIONS
Table 7 shows that three truly impressive sheet combina-
tions emerged from the $500 and $1000 issuances, specifical-
ly the 500-500-500-1000, 500-500-500-500, and
1000-1000-1000-1000 combinations. The unique
500-500-500-1000 combination was made for the Western
National Bank of Philadelphia (656) and was sent to press only
once to produce 12 Original Series sheets that were shipped to
the bank on February 24, 1866.
The 4-subject $500 and $1000 plates were made for the Na-
tional Bank of Commerce, New York (733) and each was used
for various Original Series and Series of 1875 printings. The first
shipment from these two plates was sent to the bank on April
24, 1865. The last shipment was sent from the $500 plate on
June 9, 1883.
Only five banks used the single subject $1000 plate, namely
charters 290, 475, 582, 654 and 1393. This plate combination
was used only for Original Series printings, and they were
shipped to the banks inclusively between November 30. 1864
and August 11. 1883.
TREASURY SERIAL NUMBERS
The serial numbers — both treasury and bank — on large size
national bank notes are sheet numbers, therefore all subjects on
a sheet carried identical numbers. A separate group of treasury
serial numbers was assigned to each different plate combination
in both the Original Series and Series of 1875. Each of the var-
ious treasury serial groups started with serial A1 in the Series of
1875 and advanced in consecutive order. This simple system
did not prevail in the Original Series.
Each of the Original Series treasury numbering groups began
at a different arbitrarily chosen starting number. For example,
the first one-subject 500 sheet was made for the Merchants Na-
tional Bank of Boston (475) and carried the unprefixed treasury
number 92. An additional complexity arose from the fact that
early printings in the Original Series were separated from those
of other banks by skips of seven treasury numbers. For example,
the first and second one-subject 500 printings, respectively for
Boston (475) and Boston (200), skipped treasury serials
592-598. This practice was eventually abandoned and num-
bering became consecutive.
Page 116
Paper Money Whole No. 136
tULUiOU
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tOlALIiOUr' fi<I)-j>:tSiWrn
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I> 3ii:>V TXM?K
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^AcrmiVir;
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l>M:>VV€lltK
Paper Monev Whole No. 136
The decision was made to add prefix letters to the Original
Series treasury serials in 1869. The letters M, L and K were re-
spectively added to the treasury serials for the 500. 1000, and
500-1000 combinations which were being printed at the time.
The highlights of the treasury serial numbering of the high
denomination notes appear in Table 9. More details on the treas-
ury serial numbering system can be found in Huntoon (1984).
CONVERSION TO SERIES OF 1875
The responsibility for printing the faces of national bank notes
was won by the Bureau of Engraving and Printing in July, 1875.
and thus the Series of 1875 was born . Stocks of Original Series
notes on hand with the Comptroller of the Currency continued
Page 117
to be issued until exhausted. Series of 1875 notes were printed
only if required by demand.
An order from the Comptroller of the Currency for new notes
after July 1875 would prompt the Bureau to alter the bank’s
Original Series National Bank Note Company plate to a Series
of 1875 plate through the addition of the “Printed at the Bureau
of Engraving & Printing, Treasury Dept" logo, and replacement
of the existing treasury signatures with those current when the
plate was modified. The plate date remained as originally en-
graved. Consequently, for the first and only time in the history
of national currency, the treasury signatures on Series of 1875
notes did not necessarily conform to the plate date. High de-
nomination Original Series plates were still being converted to
Series of 1875 plates as late as 1884 as revealed by the signa-
ture combinations listed in Table 10 for Series of 1875 notes.
Table 9. Use of treasury sheet serial numbers on $500 and $1000 Original Series
National Bank notes. Dates are inclusive dates of receipts by the
Comptroller of the Currency from the printers.
Unprefixed Original Series Treasury Serials Prefixed Original Series Treasury Serials
eet Combination
Sheet Serials
Oates
Sheet Serials
Dates
500
92
- 11003
Oct 14, 1864
-Feb
1, 1869
M11004 - M18107
Jun 14, 1869
- Jun 21, 1875
1000
106
- 951
Nov 28, 1864
- Sep
7, 1867
L952 - L1351
Dec 6, 1871
- Apr 18, 1874
500-1000
113
- 2257
Nov 28, 1863
- May 20, 1868
K2258 - K2741
Oct 15, 1870
- Jun 10, 1875
4 X 500
120
- 694
Apr 22, 1865
- Mar
6, 1875
none printed
3 X 500 ♦ 1000
134
- 145
Feb 19, 1866
none printed
4 X 1000
127
- 701
Apr 2, 1865
- Mar
6, 1875
none printed
Table 10. Plate dales and treasury signatures on $500 and $1000 National Bank Notes
Original Series ^ Series of 1875
Charter
City
State
0
Combination
Plate Date
Register
Treasurer
Register
T reasurer
29
New York
NY
500
May 25, 1876
—
—
Allison
New
200
Boston
MA
500
Feb 2, 1864
Chittenden
Spinner
290
New York
NY
500, 1000
Mar 4, 1864
Chittenden
Spinner
307
New York
NY
500-1000
Jun 15, 1871
Allison
Spinner
379
Boston
MA
500
Apr 15, 1864
Chittenden
Spinner
387
New York
NY
500-1000
May 2, 1864
Chittenden
Spinner
unknown
unknown
407
Salem
MA
500-1000
Oct 25, 1876
—
Allison
Wyman
460
Boston
MA
500
Jun 8, 1864
Chittenden
Spinner
unknown
unknown^
475
Boston
MA
500, 1000
Jul 5, 1864
Chittenden
Spinner
Scofield
Gilfillan
514
Boston
MA
500
Sep 20, 1864
Colby
Spinner
524
Boston
MA
500
Oct 6, 1864
Colby
Spinner
529
Boston
MA
500
Oct 12, 1864
Colby
Spinner
536
Boston
MA
500
Oct 28, 1864
Colby
Spinner
unknown
unknown
539
Philadelphia
PA
500
Oct 28, 1864®
Colby
Spinner
545
Boston
MA
500
Oct 28, 1864
Colby
Spinner
554
Boston
MA
500-1000
Nov 1, 1864
Colby
Spinner
unknown
unknown
Page 118
Table 10. (Continued)
Charter City
State
0
Combination
Plate Date
Paper Monei^ Whole No. 136
Original Series^ Series of 1875
Register Treasurer Register Treasurer
557
Philadelphia
PA
500-1000
Nov 1, 1864
Colby
Spinner
561
Philadelphia
PA
500-1000
Nov 4, 1864
Colby
Spinner
563
Philadelphia
PA
500-1000
Jan 15, 1873
Allison
Spinner
Scofield
Gilfillan
578
Boston
MA
500
Nov 25, 1864
Colby
Spinner
582
Boston
MA
500, 1000
Nov 25, 1864
Colby
Spinner
595
Roxbury
tviA
500
Dec 2, 1864
Colby
Spinner
597
Lancaster
PA
500
Dec 2, 1864
Colby
Spinner
601
Boston
MA
500
Dec 8, 1864
Colby
Spinner
Bruce
Gilfillan
603
Boston
MA
500
Dec 8, 1864
Colby
Spinner
unknown
unknown
609
Boston
MA
500
Dec 8, 1864
Colby
Spinner
613
Pittsburgh
PA
500
Dec 14, 1864
Colby
Spinnei
unknown
unknown
615
Roxbury
MA
500
Dec 14, 1864
Colby
Spinner
619
Pittsburgh
PA
500
Dec 14, 1864
Colby
Spinner
625
Boston
MA
500-1000
Dec 14, 1864
Colby
Spinner
629
Boston
MA
500
Dec 22, 1864
Colby
Spinner
638
Lynn
MA
500
Dec 22, 1864
Colby
Spinner
Bruce
Wyman
643
Boston
MA
500
Dec 28, 1864
Colb>
Spinner
Scofield
Gilfillan
646
Boston
MA
500
Jan 2, 1865®
Colby
Spinner
654
Boston
MA
500, 1000
Dec 30, 1864
Colby
Spinner
Scofield
Gilfillan
656
Philadelphia
PA
3x500 + 1000
Dec 30, 1864
Colby
Spinner
665
Boston
MA
500
Jan 2, 1865
Colby
Spinner
668
Pittsburgh
PA
500
Jan 2, 1865
Colby
Spinner
Scofield
Gilfillan
672
Boston
MA
500
Jan 2, 1865
Colby
Spinner
677
Boston
MA
500
Jan 2, 1865
Colby
Spinner
678
Pittsburgh
PA
500
Jan 2, 1865
Colby
Spinner
690
New Bedford
MA
500-1000
Jan 10, 1865
Colby
Spinner
726
Salem
MA
500
Jan 19, 1865
Colby
Spinner
727
Pittsburgh
PA
500-1000
Jan 19, 1865
Colby
Spinner
733
New York
NY
4x500 & 1000 Jan 19, 1865
Colby
Spinner
Bruce
Gilfillan
743
New Bedford
MA
500
Jan 26, 1865
Colby
Spinner
Scofield
Gilfillan
766
Taunton
MA
500
Feb 3, 1865
Colby
Spinner
Bruce
Gilfillan
799
New Bedford
MA
500
Feb 14, 1865
Colby
Spinner
806
Brighton
MA
500
Feb 14, 1865
Colby
Spinner
843
Pawtucket
RI
500
Mar 10, 1865
Colby
Spinner
Bruce
Gilfillan
847
Boston
MA
500
Mar 10, 1865
Colby
Spinner
891
New York
NY
500
Apr 20, 1865
Colby
Spinner
unknown
0
unknown
905
New York
NY
500-1000
Apr 20, 1865
Colby
Spinner
Allison
Wyman
917
New York
NY
500-1000
Apr 20, 1865
Colby
Spinner
936
Boston
MA
500
Apr 20, 1865
Colby
Spinner
941
Portland
Nt
500
Apr 20, 1865
Colby
Spinner
947
Taunton
MA
500
Apr 20, 1865
Colby
Spinner
Allison
New
974
Boston
MA
500-1000
May 10, 1865
Colby
Spinner
983
Providence
Rl
500
May 10, 1865
Colby
Spinner
985
Boston
MA
500
May 10, 1865
Colby
Spinner
986
Lowell
MA
500
May 10, 1865
Colby
Spinner
Scofield
Gilfillan®
Paper Moneii Whole No. 136
Table 10. (Continued)
Page 119
Original Series ^ Series of 1875
Charter
City State
Q
Combination
Plate Date
Register
Treasurer
Register
Treasurer
993
Boston
MA
500
May 10, 1865
Colby
Spinner
1000
New York
NY
500-1000
May 10, 1865
Colby
Spinner
1015
Boston
MA
500
May 10, 1865
Colby
Spinner
Scofield
Gilfillan'
1023
Portland
ME
500
Jun
1, 1865
Colby
Spinner
Bruce
Wyman
1028
Boston
MA
500-1000
Jun
1, 1865
Colby
Spinner
1029
Boston
MA
500
May 10, 1865
Colby
Spinner
1036
Providence
R1
50C
Jun
1, 1865
Colby
Spinner
1060
Portland
ME
500
Jun :
20, 1865
Colby
Spi nner
1080
New York
NY
500-1000
Jun !
20, 1865
Colby
Spinner
1121
New York
NY
500-1000
Jul
1, 1865
Colby
Spinner
Scnfield
Gilfillan
1131
Providence
R1
500
Jul
1, 1865
Colby
Spinner
1135
Worchester
MA
500
Jul
1, 1865
Colby
Spinner
1250
New York
NY
500-1000
Jul
20, 1865
Colby
Spinner
1252
Baltimore
MD
500
Jul
20, 1865®
Colby
Spinner
1278
New York
NY
500-1000
Jul
20, 1865
Colby
Spinner
1295
Boston
MA
500
Jul
20, 1865
Colby
Spinner
1303
Baltimore
MD
500-1000
Aug
1, 1865
Colby
Spinner
1325
Baltimore
MD
500
Aug
1, 1865
Colby
Spinner
1328
Providence
R1
500
Aug
1, 1865
Colby
Spinner
Allison
Gilfillan
1336
Baltimore
MD
500-1000
Aug
1, 1865
Colby
Spinner
1366
Providence
RI
500-1000
Aug
1, 1865
Colby
Spinner
1370
New York
NY
500-1000
Aug
1, 1865
Colby
Spi nner
Allison
Wyman
1375
New York
NY
500-1000
Aug
1, 1865
Colby
Spinner
1386
Baltimore
MD
500
Aug
1, 1865
Colby
Spinner
Allison
New
1389
New York
NY
500-1000
Aug
1, 1865
Colby
Spinner
Allison
New^
1393
New York
NY
500, 1000
Aug
1, 1865
Colby
Spinner
1396
New York
NY
500
Aug
1, 1865
Colby
Spinner
1613
Baltimore
MD
500
Sep
1, 1865
Colby
Spinner
Allison
New*^
1661
New York
NY
500-1000
Sep
1, 1865
Colby
Spinner
1672
Providence
Rl
500-1000
Sep
1, 1865
Colby
Spinner
1676
New York
NY
500-1000
Sep
1, 1865
Colby
Spinner
1689
Baltimore
MD
500-1000
Sep
1, 1865
Colby
Spinner
1527
Boston
MA
500
Oct
2, 1865
Colby
Spinner
Allison
New®
1595
Mobile
AL
500
Dec 15, 1876
—
Allison
Wyman
1699
Boston
MA
500-1000
Aug 15, 1870
Allison
Spinner
1761
San Francisco
CA
500
Nov 30, 1870
Allison
Spinner
1825
New Orleans
LA
500
Jun
15, 1871
Allison
Spinner
1996
San Francisco
CA
500
Jun
6, 1872®
Allison
Spinner
2016
Sacramento
CA
500
Aug 15, 1872
Allison
Spinner
a. Comma indicates 500 and 1000 one-subject plates; dash indicates a 500-1000 combination plate.
b. Dashes indicate that no 500 or 1000 Original Series plate was made.
c. Printed but not issued.
d. Original Series plate converted to Series of 1875 plate but never used.
e. 500 plate date missing from records: date shown used on other combinations for bank and is most likely the
date used on the 500.
l•llm-nterx.Tl>r
!.ffi8m].«at^i
Fl'nt?lliiiiart»«ll>ollarw
~ IHIKTIAIMI '
,iiJi>ou!*aiG»icDiweE3^^
m gt.r.i -.an; n^iTii«.cac~iiiiiiii
SIGNATURE COMBINATIONS
Every treasury signature combination in use between 1863
and April 1885 is represented on at least one high denomina-
tion national bank note except the Jeffries-Spinner combination
of 1867-1869 vintage. No Jeffries-Spinner combinations occur
because no banks chartered during their period of tenure issued
$500 or $1000 notes. In all, as shown in Table 10, nine differ-
ent treasury signature combinations were used on the high de-
nomination notes.
The Original Series signatures listed in Table 10 were de-
duced from plate dates listed in Comptroller of the Currency
ledgers. Signature combinations listed for Series of 1875 notes
were those observed on proofs. No additional Series of 1875
signature combinations are possible on high denomination notes
despite the fact that Series of 1875 signatures remain unknown
for seven banks.
PLATE DATING CONVENTIONS
Two conventions were used to date the high denomination
plates. The first, used on plates made from 1863 until February
1871, was a batch date in which the date was tied closely to the
period during which the bank was chartered. This early batch
dating system can be discerned clearly from the near perfect
chronological sequencing of pre-February 1871 dates and
charter numbers in Table 10.
Paper Money Whole No. 136
Page 120
Paper Mone^ Whole No. 136
The second dating convention came into use in February
1871, and represents another type of batch dating system. In
this system the date was based on when the plate was ordered.
These later batch dates were usually rounded to increments of
five days such as the 15th or 25th of the month. Notice that the
seemingly inconsistent plate dates in Table 10 for charters 29,
307, 407, 563 and 1595 follow this second batch dating con-
vention .
The treasury signatures on all Original Series plates were se-
lected so that the plate dates and terms of office of the signers
coincided. The rigid correlation between plate dates and signa-
tures occurred only on new Series of 1875 plate combinations
ordered after July, 1875. Series of 1875 plates made by modi-
fying existing Original Series plates carried the original plate date
but sported the treasury signatures cuaent when the plate was
altered. Consequently, those signatures were younger than the
plate dates.
SMALL PRINTINGS
The demand for $500 and $1000 notes was expectedly
small. Printing orders placed by the Comptroller with the
Bureau of Engraving and Printing, or formerly with the National
Bank Note Company, at times hardly appeared to be worth the
bother. The smallest was delivered to the Comptroller on Sep-
tember 12, 1867, and consisted of two sheets of Original Series
500-1000 notes for the Union National Bank of Maryland,
Baltimore (1489), bank serials 71 and 72; both sheets were
issued. It would have been rather annoying to have to set up a
press and later clean the plate for just two sheets. Table 5 con-
tains no shortage of printings consisting of ten sheets or less.
The manufacture of plates such as the 500-1000 for the
Chatham National Bank of New York (1375) or the
500-500-500-1000 for the Western National Bank of Phila-
delphia (656) probably evoked some comment among their
handlers. They were used to print a total of only ten and twelve
sheets respectively.
KNOWN NOTES
Only three $500 national bank notes are known to have sur-
vived from the 32,033 high denomination notes pressed into
circulation. These are listed in Table 11 and consisted of two
Original Series notes in institutional hands, and one Series of
1875 note owned by a private collector. As improbable as it
seems the two Lowell, Massachusetts $500s came from the
same printing, being only nine serial numbers apart. The serial
197 specimen was formerly owned by The Chase Manhattan
Bank but was donated to the Smithsonian Institution when the
bank closed its New York Money Museum about ten years ago.
The serial 206 specimen was credited by Reinfeld (1960) to the
Bureau of Engraving and Printing, but its current whereabouts is
unknown. The First National Bank of New York Series of 1875
note is the famous Amon Carter specimen that used to cause
such envy at the Memphis paper money shows. Carter used to
place the note at the top of a pack of very rare nationals in his
case for all to enjoy. It has now found a new home in another
great private collection.
Table 11. Known $500 National Bank notes.
Btnk CUy Utf Chtnt
OAIC fa LowtU MA m
GRIQ fa L0W»U MA Hi
1175 Tktt fa Hww York NY
StUI SiQcxtuf I SoMfo
MU419-197-A Coitf • SptnoM HMiUr. 195)
MU47a«20i-A Cdby • Splnnar Rtlofcld. 1950
Aiai5-a65-A AUlMfi . Naw Ainon CarUr
Page 121
No $1000 national gold bank notes are extant, all having
been redeemed in 1871. The records for the outstanding $500
national gold bank notes were merged with those of the regular
issues in 1915. At that time, four $500 national gold bank notes
were still out from the 685 issued. None are known to exist.
When published reports ceased in 1938. there were 173
$500 and 21 $1000 notes still outstanding. The last docu-
mented $1000 was shown as redeemed in 1917. The last two
$500s came in in 1937. These were the first $500s redeemed
since 1920. They could have been some of the four outstanding
gold notes for all we know.
CONCLUSION
The $500 and $1000 National Bank note issues between
1864 and 1885 were a spectacular footnote to the national cur-
rency issues authorized by the National Bank acts. However,
these beautiful notes could hardly be considered workhorses of
the nation’s currency like the $5, $10 and $20 denominations.
Their purchasing power was simply too great to allow them to
circulate freely. The 32,033 of them shipped to banks in nine
states, including 760 $500 and $1000 national gold bank notes,
probably rarely saw the outsides of vault cages. When the fad of
ordering them collapsed in 1866, they were issued thereafter
only in minute quantities until circumstances combined to stop
their continued issuance after 1885. Nothing in the law pre-
vented $500 and $1000 notes from being used in later national
bank note series. In fact, they were specifically authorized by the
Emergency Currency Act of May 30, 1908, along with the addi-
tion of the $10,000 denomination. They were again called for in
the Act of March 3. 1919. However they were not revived.
Who needed them!
SOURCES OF DATA
The photographs for this article are through the courtesy of
the Numismatic Collections at the Smithsonian Institution, and
are certified proofs made by the Bureau of Engraving and Print-
ing. Lynn Vosloh helped me to locate all of the $500 and $1000
National Bank notes proofs in the Smithsonian collections so
that we could abstract the plate dates and signature combina-
tions from them. Three sets of Comptroller of the Currency
ledgers housed in the National Archives including ledgers show-
ing receipts from the engravers, deliveries to the banks by sheet
combination, and individual bank ledgers provided plate dates,
dates of deliveries from the engravers to the Comptroller, dates
of shipments to the banks and serial numbers received and is-
sued, In addition. I scoured the numismatic literature for photo-
graphs of $500 and $1000 Series of 1875 proofs in order to
record signature combinations. A framed display containing
high denomination notes in the Bureau of Engraving and Print-
ing Annex Building also provided a few morsels of additional
information.
REFERENCES
Comptroller of the Currency, issued annually. Annual Reports of the
Comptroller of the Currency ; Government Printing Office, Wash-
ington. DC.
Messier, G.. 1979, U.S. essoy. proof and specimen notes: BNR
Press, Portage. OH, 224 p.
Messier. G.. 1983. The comprehensive catalog of U.S. paper money :
BNR Press, Port Clinton. OH. 502 p.
Huntoon, P., 1984. Evolution of treasury serial numbering on Na-
tional Bank notes: Paper Money, v. 23. pp. 181-185.
Reinfeld. F.. 1960. A simplified guide to collecting American paper
money: Hanover House. Garden City, NY. 128 p.
»
Page 122
Paper Moneii Whole No. 136
Major
John S. Fillmore
U.S.A. Paymaster
by RODNEY BATTLES
©1987. All rights reserved.
John S. Fillmore
The author, a collector of western checks, has researched and
written several articles pertaining to check collecting, western
banks and bankers. For a list of current titles, please write to:
Rodney Battles, P.O. Box 210004, Bedford. TX 76021.
AJOR J.S FILLMORE, a native of the state of New York,
was appointed Paymaster by Colorado’s first Territor-
ial Governor, William Gilpin, on August 26, 1861. On
June 18, 1862, he married Miss Bettie M. Kehler, daughter of
the officiating clergyman, at the residence of the Reverend Keh-
ler. He was commissioned Paymaster U.S.A. by President
Abraham Lincoln November 8, 1862.
Major Fillmore possessed marvelous energy and great capaci-
ty for the successful conduct of public affairs. His official duties
as paymaster required constant journeying from one part of his
district to another. His responsibilities extended from southern
New Mexico northward into Idaho, and from Utah to Nebraska
and Kansas. Neither hostile foes nor inclement weather ever
stopped or delayed him from making his appointed rounds.
Travelling in those days was necessarily arduous and fatiguing.
The Major frequently slept upon open prairie or in the moun-
tains without food or shelter. Probably the most severe trip he
ever made, and the one that did most to hasten his death, was
to the posts in the upper North Platte in late 1862, He was ex-
posed for days without food or shelter, floundering through
deep snow with the temperature more than twenty degrees be-
low zero. Reportedly, neither he nor his companions ever re-
covered from the effects of that journey, and they always spoke
of it with a shudder. Added to his almost ceaseless duties in the
field, he was frequently obliged to make hasty journeys to
Washington, which were always coupled with the weighty re-
sponsibilities of his office.
In addition to his official duties. Major Fillmore found time to
transact an immense amount of private business. Less than five
years after moving to Denver in 1860 almost penniless, he had
accumulated property that was unequalled in value to that of
any other citizen of the city at that time. He was considered one
of the more prominent Denver citizens and a prudent business-
man.
On the night of Christmas, Sunday, December 25, 1864, Ma-
jor John S. Fillmore met his death. After he retired to bed about
10:00 pm, a gale took off one of the chimney tops, which, fall-
ing with a great noise upon the roof above his head, filled him
with alarm and nervous excitement, so that he arose and went
downstairs. When at the foot of the stairs he turned and called to
his wife, requesting her to come down. The words had scarcely
left his lips when he fell forward and immediately expired from a
sudden hemmorhage of the lungs.
jn,.
'■J / i// 3
OFTHE US.
June 30, 1863 Paymaster draft issued to Captain John W. Aliev o' the Denver, Colorado Territory Depot.
Paper Money Whole No. 136
Page 123
Sept. 2, 1863 Paymaster draft issued to Thomas J. Evans at Fort Lyon, Colorado Territory.
April 23, 1864 Paymaster draft issued to John C. Thomkins at Fort Garland, Colorado Territory.
Paymaster draft written by Fillmore to a soldier named Ceo. Jolloff at Fort Laramie, Idaho Ter-
ritory November 18, 1864, the month preceding Fillmore's death.
The December 27, 1864 issue of the Rocky Mountain Daily
News reported . . . “The deceased had been in failing health for
some time past. His system was overworked and worn out. And
at last, on that stormy Christmas evening, 'mid the roaring
winds, a howling storm whose equal our city has not seen, his
spirit has gone out forever and we are no more to meet his famil-
iar footsteps in the streets.”
As a token of respect to his memory, the officers of the district
wore a badge of mourning on their left arm for thirty days.
The Colorado Historical Society is acknowledged for supplying biographical data and the lithograph of John S. Fillmore.
The Green
Goods Game
Conclucte<l by
Forrest Daniel
BROWNSVILLE MONEY
We learn that some of this miserable trash has been circulated in
this city, without the endorsement of any responsible, or irre-
sponsible party written thereon. It may be proper to add that a
bushel of the notes are traded for an iron spoon at the place
where it is issued, and gradually loses its value while traveling to
remote sections of the country. — Pioneer and Democrat, St.
Paul, Minn., July 24, 1858.
Page 124
Paper Money Whole No. 136
Railroad Notes and Scrip of the United States, the
Confederate States and Canada
by RICHARD T. HOOBER
(Continued from PM No. 135. Page 81)
URBANA — MAD RIVER & LAKE ERIE RAILROAD
The company was the first railroad chartered (1832) and built within the state. The road opened to
Bellvue, in 1839, a distance of 16 miles. The line was extended to Dayton in 1844, thus connecting
Dayton with Sandusky and Lake Erie.
26. 25<t (L) Reverse of two reales piece, riverboat above. (C) Train, between 25s. (R) Reverse
of two reales piece, train above, CENTS below. R7
Date — June 4, 1841.
Imprint — Rawdon, Wright & Hatch, Cincinnati.
Ohio No. 26
PENNSYLVANIA
BELLEFONTE— TYRONE & LOCKHAVEN RAILROAD COMPANY
The railroad was chartered February 21, 1857, to build a line connecting the Pennsylvania Rail-
road at Tyrone with the Philadelphia & Erie Railroad at Lockhaven, a distance of 54 miles. It
completed 4.2 miles from Snow Shoe intersection to Milesburg, and from Milesburg to Bellefonte.
1. 1.00 (L) Indian woman, ONE above and below. (C) State seal. (R) “Chartered Feb. 21,
1857,” ONE above and below. R7
2. 5.00 Similar to No. 1, except denomination. R7
C/1/?L/5Z.£— CUMBERLAND VALLEY RAIL ROAD COMPANY
3.
25C
(L&R) Female seated. (C) Ceres, between 25s.
R6
Paper Monev Whole No. 136
Page 125
date, the A^t^erU and' Treasttrer of the
^ab kiomi
d wmm
4ti^leaioft, Joe ftttttf< tceetviJ, CMiring inotrttt oX^is
Pennsylvania No. 1
Iht mim / FIF’I'l’ C'K!\T-**. fxtgiihle -m ili maml,
in ctiTTinl Itank .\vtre, of thr Carlieli or t’huHtbt'rabur^ Itiiuk. ^
(kirlitlr. Pn S(ft. 311. 1837. /V
1. iimtZfr l-'.i'^ii*.. ” .SVf fifnry , V-
Pennsylvania No. 4
4.
50e
Similar to No. 3, except denomination.
R6
5.
50C
(L&R) Female seated. (C) Canal scene.
R6
6.
1.00
Similar to No. 3, except denomination.
R6
7.
5.00
Similar to No. 3, except denomination.
R6
Date — Sept. 30, 1837.
Imprint — E. Morris, Philadelphia.
CHAMBERSBURG — FRANKLIN RAIL ROAD COMPANY
The road was chartered March 12, 1832.
7A. 5.00 (L) Name in panel. (C) Name, $5 lower left. (R) “Capital $300,000” in panel.
Imprint — None.
Date — 15th January 1840 in ink. R7
Page 126
Paper Money Whole No. 136
I'l VE UOEEAK.S, ^ rC fui*^ tn ,
^n<nofri/<je i^em^/re^t fr> 6e utt/e/'ff.r/ /o
f>U)H {■.
mrifismaii'. ai m£
■If'W
wr an?ium,
CIminbersburg Mtattk.
Cliaiiibcrvbur);,
Pennsylvania No. 7A
PHILADELPHIA, NEWTOWN & NEW YORK RAILROAD
COMPANY
The road was incorporated November 28, 1876, and built 5.8 miles of track between Philadelphia
and Newtown. It operated as part of the Pennsylvania Railroad until it was sold at foreclosure
October 4, 1876. It later became part of the Philadelphia & Reading Company.
(C) Surveyors at work. (R) $1. Black and red print
(C) Miners, loaded coal car, $10 at left. (R) 10. Black and red print
Date — Dec. 15, 1873, part ink.
Imprint — Lith. by the American Bank Note Co. Philala.
PHILADELPHIA — & WOODBURY RAILROAD & TRANSPORTATION
COMPANY
The company was chartered in 1836, but construction never began. On November 5, 1853, the
franchise was taken over by the West Jersey Railroad. A line was built to Woodbury by 1857, and
then extended to Millville in 1867. This road, and several other small lines, formed the West Jersey
& Seashore Railroad, which later became part of the Pennsylvania Railroad System.
(L) Trains, CENTS above, TEN below. (C) Sailing vessel, between 10s. (R) Riverboat,
CENTS above, TEN below.
(L) Man with hammer, CENTS above, 25 below. (C) Female, eagle, between 25s. (R)
Man smoking pipe, CENTS above, 25 below.
(L) Pat Lyon at the forge, FIFTY below. (C) 50, train at left, canal coast at right. (R)
Indian seated, CENTS above, 50 below.
(L) Minerva. (C) Trains, buildings, between Is. (R) Milkmaid, DOLLAR above, ONE
below.
Date — Sept. 23, 1837.
Imprint — Draper, Toppan, Longacre & Co. Phila. & N.Y.
(To be continued)
Paper Money Whole No. 136
Page 127
Interefit
Beartii$i
Kotes S:
During this quiet season before the International Paper
Money Show, I would like to reflect on one of the most import-
ant obligations we all have as members of the SPMC: recruit-
ment. Our membership rolls have remained around 2,000 for
the last few years. Our turnover seems to be about 350 per year.
That is, we enroll and lose that number each year, but we can’t
seem to gain in the overall picture. I have requested in the past
that each member enroll at least one new member, thereby
doubling our membership but I'm afraid recruitment seems to
rest in the hands of just a few active recruiters. We all have to
participate if we want to strengthen our society. If your local coin
dealer is not a member, suggest that he join. Consider making a
gift membership to your local library or a collecting friend. At
your local coin club, offer a gift membership as a door prize.
With a little imagination. I'm sure we could all recruit at least one
new member. To obtain a supply of applications, please contact
our membership director:
Ron Horstman
P.O. Box 6011
St. Louis, MO 63139
I hope to see you all at the ANA.
NEW LITERATURE
History of the Private, Stale, and National Banks of Gogebic
County, Michigan 1886-1988. Bruce K. Cox. Revised Second
Edition. Privately Published, iv, 61 pages. Introduction, Bibli-
ography, Name Index, Bank Index. Illustrated.
Mr. Cox is an amateur historian and collector of information
and memorabilia from Gogebic County, Michigan. He has pro-
duced this book as a labor of love, rather than a commercial
venture. The book provides a wealth of information about the
banks that have existed in the county during the period of the
time selected. Of particular interest to collectors of financial
paper documents are the illustrations of bank notes, checks, ad-
vertisements, buildings, and bank officials. Mr. Cox also pro-
vides listings of the national currency issued by the various fed-
erally-chartered banks.
The book covers eleven different banks located in Ironwood,
Bessemer, and Wakefield, Michigan. It is apparent that Mr. Cox
has spent quite a bit of time researching newspaper records to
provide the basic material for this publication. Information is
provided from a “local" viewpoint, and the banks’ (and their of-
ficials) impact and involvement with the communities are dis-
cussed in detail.
As stated earlier, this is not a book produced for mass distribu-
tion. The pages are typewritten, and all of the illustrations are
photocopies. Many of the photocopies are mediocre, but any
true collector of paper money knows that photographs or quali-
ty photocopies are often difficult or impossible to obtain; fellow
collectors are usually cooperative, but most do not have access
to professional photography services or high-tech photocopying
machines. From personal experience, when another collector
does you a favor, you “take what you get” and are pleased to
get it.
It has been said before, but it holds true for Mr. Cox's book: If
all collectors of specialized items or areas would put forth the ef-
fort to produce similar material, everyone would benefit im-
mensely. Mr. Cox is to be congratulated for his dedication to his
hobby. I purchased a copy of the previous edition, even though
1 do not specifically collect Michigan paper documents. Because
it is a reference book, it deserves consideration by every serious
numismatist.
Ordering information about this book is available from Mr.
Cox at P.O. Box 131, Wakefield, MI 49968. Bob Cochran
SPMC AWARDS BANQUET IN MEMPHIS
The following awards were presented at our annual awards
banquet held on 25 June 1988 at the Holiday Inn — Crowne
Plaza.
LITERARY AWARDS for best articles in PAPER MONEY dur-
ing 1987:
FIRST. Henry N. McCarl for “An Introduction to Confed-
erate and Southern States Counterfeit Currency’’— No. 131
SECOND. Robert E. Cochran for “Genuine ‘Counter-
feits’?”- No. 132
THIRD. Ronald L. Horstman for “Demand Notes in St.
Louis” — No. 132
AWARD OF MERIT to a member who performs outstanding
service to the Society or brings credit to the Society:
Martin Delger for his superior efforts at organizing and
managing exhibit programs, especially at the Memphis
Show.
Aubrey and Adeline Beebe for their many contributions
to the hobby culminating in the donation of their paper
money collection to the ANA.
NATHAN GOLD AWARD, presented by the Bank Note Re-
porter for a contribution toward the advancement of paper
money collecting:
J. Roy Pennell, Jr. for his many contributions, research,
publications and the establishment of the SPMC Souvenir
Card Program.
EXHIBIT AWARDS AT MEMPHIS
Each exhibitor received a plaque of appreciation from the
Memphis Coin Club. In addition, four awards were presented as
follows:
The Bank Note Reporter — most inspirational award — Gene
Hynds.
The Fractional Currency Club Board Awards — Douglas
K . Hales, first; Benny Bolin, second.
The (IBNS) Anton Carter, Jr. Award — Gene Hessler.
Page 128
Paper Mone^i Whole No. 136
MEMBERSHIP DIRECTOR
NEW
MEMBERS
Ronald Horstman
P.O. Box 6011
St. Louis. MO 63139
7610 James J. Vermeulen, 720 Tulip Lane. Connersville, IN 47331;
C. Connersville. IN nationals.
7611 Joseph Shaffer. RD *1. Box 86. Hooversville, PA 15936; U.S.
currency and PA national bank notes.
7612 Geoffrey Roger. 16TowerSt., Red Hook. NY 12571; C&D. NY
nationals.
7613 Carl Powers. P.O Box 10663. New Brunswick. NJ 09806; C,
Silver & gold certificates. NJ nationals.
7614 Russell Deckard. 22V2 S. Green St.. Brownsburg, IN 46112; C,
Large denomination gold certificates.
7615 Gaylen D. Rust, 369 S. Main St.. Salt Lake City. UT; C&D.
Mormon currency.
7616 Donald P. Weinzapfel. 7826 Briarwood Dr.. Evansville. IN
47715; C&D. Confederate and fractional notes.
7617 Alvin K. Reinert, 5006 Pennsylvania Ave., St. Louis. MO
63111: C. U.S. large-size.
7618 B. Carl Reynolds. P.O. Box 4878. Martinez. GA 30907; C,
CSA. MO. broken bank notes with unusual scenes.
7619 Thomas D. Robertson. 828 Fairway Ln.. Iowa City, lA 52240;
C, Obsolete notes.
7620 Eddie English, 6815 De Palma. San Antonio, TX 78239; C.
7621 Jean-Michel Engles, B.P. 130, 34003 Montpellier Cedex,
France; Worldwide bank notes.
7622 Jaime Casanovas P., P.O. Box 24.362. Barcelona. Spain; D.
7623 Frank Stevens. 289 Gamma, Walled Lake, Ml 48088; C. Mid-
west national bank and large-size notes.
7624 Brigand! Coin Co., 60 West 44th St.. New York, NY 10036,
7625 Donald L. Koehler. 35 Belvidere St., Nazareth. PA 18064;
C&D, World. MPC and $1 FR notes.
7626 John J. Remaley, 4116 Kilmer Ave., Allentown. PA 18104-
3310; C.
7627 Roy Hill, P.O. Box 10021. Savannah. GA 31412; C, GA &
other Southern states notes.
7628 Bruce R. Hagen, P.O. Box 836, Bowling Green, N9C, NY
10274; C, U.S. obsolete notes.
7629 Chris N. Kuyper, 1930-B-E. Sunrise Blvd. 110, Fort Lauder-
dale. FL 33304; C.
7630 Richard J. Micchelli, P.O. Box 248, Ml. Lakes, NJ 07046; C.
7631 Earl A. Shoemaker. 700 E. State St., lola. IW 54945; C, U.S.
Small-size notes.
7632 Donald Huebner, 3321 Leyton Ln., Madison, Wl 53713; C.
7633 William J. Frawley. 1312Curtis Ave., PoiniPleasant, NJ08742; C.
7634 Thomas G. Cunniffe, 1107 Fifth Avenue. East Northporl, NY
11731; C, U.S. Large-size notes.
7635 W.L. Miller, 195 Katherine Blvd.. West Melbourne, FL 32904.
7636 J.C. Ballentine, P.O. Box 761, Waycross, GA 31502; C&D.
GA national currency.
7637 Noel D. Rooney, Box 67, Minneola. KS 67865; C, U.S. paper
money with vignettes of nude females
7638 Richard Florez, P.O. Box 860, Barquisimeto 3001A, Venezuela;
C, Latin America.
7639 Thomas J. Blair IV. "1 Bendcrest, Charleston, WV. 25314; C,
WV nationals.
LM 76 Chiyo Peterson, P.O. Box 623. Carson City, NV 89702; C.
HLM 77 Melvin O. Warns; Raised to honorary life member by board
action.
LM 80 C.J. Vallance, Jr., 501 Lackey Street. Hamlet. NC 28345; C,
Railroad notes.
I COLLECT
MINNESOTA OBSOLETE
CURRENCY and SCRIP
Send Notes or Photo Copies with
Prices Wanted or for Fair Offer to:
Charles C. Parrish
P.O. Box 481
Rosemount, Minnesota 55068
SPMC 7456 LM ANA 1 853
WE NEED TO
BUY
If you are selling a single note or an entire col-
lection, you will be pleased with our fair offer
— NO GAMES PLAYED HERE!
(Selling too! Write for free catalog.)
Subject to our inventory requirements
we need the following:
ALL WORLD BANK NOTES
Also
U.S. Large Size Notes U.S. Encased Postage
All Military Currency Souvenir Cards
U.S. Fractional Currency National Bank Notes
Colonial Currency U.S. Small Size Currency
Ship With Confidence or Write
We pay more for scarce or rare notes.
TOM KNEBL, INC. \
(714) 886-0198
P.O. Drawer 3949 Iv
San Bernardino, CA 92413
Paper Money Whole No. 136
AUTOGRAPHED U.S. NOTES WANTED with special interest in
notes autographed by United States Presidents. Treasurers and Secre-
taries of the Treasury in both large- and small-size notes. Jack Fisher.
3123 Bronson Blud.. Kalamazoo. Michigan 49008. (136)
mon
mar
MICHIGAN NATIONALS WANTED with serial number one. Michi
gan First Charters, all Kalamazoo. Michigan banks and Michigan large
size $100.00 nationals. Jack Fisher. 3123 Bronson Blvd.. Kalamazoo
Michigan 49008. (1361
SERIAL NUMBER 100.000,000 U.S. NOTES WANTED and also
want serial one, llllllll through 99999999 small-and large-size,
large-size only star notes and single digit 1966 $100.00 Red Seal Star
Notes. Jack Fisher. 3123 Bronson Blud., Kalamazoo. Michigan 49008
(136)
Paper Money will accept classified advertising from members only on a basis of 15C
per word, with a minimum charge of $3.75. The primary purpose of the ads is to
assist members in exchanging, buying, selling, or locating specialized matenal and
disposing of duplicates. Copy must be non commercial in nature. Copy must be
legibly printed or typed, accompanied by prepayment made payable to the Society
of Paper Money Collectors, and reach the Editor. Gene Messier. P.O Box 8147,
St. Louis. MO 63156 by the tenth of the month preceding the month of issue fi.e.
Oec. 10. 1988 for Jan. 1989 issue). Word count: Name and address will count as
five words. All other words and abbreviations, figure combinations and initials
count as separate No check copies. 10% discount for four or more insertions of
the same copy Sample ad and word count
WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for
FRN block letters. $1 SC. U.S. obsolete. John W. Member. 000 Last St . New
York. N Y 10015. (22 words: $2: SC: U.S.: FRN counted as one word each)
BANK NOTE CO. SAMPLE BOOKS WANTED. Also annual re
ports or sales brochures featuring vignettes. Jeff Price. P.O. Box 5579.
Santa Monica. CA 90405. (137)
WANTED: 1907 cleeiring house scrip and checks. Need examples from
most states; please send full description or photocopy with price. I am
particularly interested in Washington, Oregon, Georgia. New York,
Ohio. Michigan, and Texas. Need information on other states also.
Tom Sheehan. P.O. Box 14. Seattle. WA 98111. (139)
OHIO NATIONALS WANTED: Also want Lowell, Holland. Tyler
Ryan. Jordan, O’Neill. Private Collector. Lowell Yoder, P.O. Box 444
Holland, OH 43528. (142)
WANTED: MACERATED MONEY: postcards and any other Items
made out of macerated money. Please send full details to my attention.
Bertram M . Cohen . PMW , 169 Marlborough St, . Boston , M A 02 1 16
(138)
BONDS & SHARES. Private collector will buy all your unwanted
stock and bond certificates for cost at a price. All countries and classifi-
cations before 1940. Send photocopy and price wanted. J. Glaser.
6900 E. Camelback Rd.. Suite 430, &ottsdale, AZ 85251. (139)
NEW YORK NATIONALS WANTED. Athens, Catskill, Coxsackie.
Germantown, Hudson, Hunter, Kinderhook, Philmont, Tannersville,
Windham. Send description and price. All letters answered. Robert
Moon, Box 81. Kinderhook, NY 12106 (138)
UNCIRCULATED, original, unprocessed U.S. large-size type and
large nationals wanted by collector. Paying over green sheet for some
choice CUs and many gems. Write: Michael Abramson. P.O. Box
6105. Duluth. MN 55816. (137)
KALAMAZOO. MICHIGAN NATIONALS WANTED. Also want
Michigan Nationals with serial number ONE and Michigan cancelled
checks prior to 1900. Jack Fisher, 3123 Bronson Blvd., Kalamazoo. Ml
49008. (140)
PAPER MONEY MAGAZINES WANTED: I need original issues of
the first twelve PAPER MONEY magazines published by SPMC; sets
considered. Robert Galiette, 10 Wilcox Lane, Avon, CT 06001. (138)
NUMBER 1 and llllllll UNITED STATES type notes wanted
and unusual United States error notes. Jack Fisher. 3123 Bronson
Blvd . . Kala mazoo , MI 49008 . (140)
WANTED FOR my personal collection, large and small-size national
currency from Atlantic City, NJ. Don’t slip, write first with what you
have for sale. Frank lacovone, P.O. Box 266, Bronx. NY 10465-0266.
(140)
KUWAIT 1960 NOTES in regular issue and specimen, also want Jor-
dan, Saudi Arabia and scarce Middle East notes. Jack Fisher. 3123
Bronson Blvd., Kalamazoo, MI 49008. (140)
BUYING OLD BANK CHECKS, certificates of deposit, bills of ex
change, older books on Confederate or obsolete bank notes. Bob Pyne
P.O. Box 149064, Orlando, FL 32814. (145)
CANADA WANTED. 1923 $2 all signatures and seals. Low serial
numbers 1935 Bank of Canada and Canada specimen notes. Jack
Fisher, 3123 Bronson Blvd., Kalamazoo. Ml 49008. (140)
WANTED: CSA INTERIM RECEIPTS Particularly SC, LA, TX. MS
& AR. Single items or collections. Liberal prices paid. Send list with
prices. Gene F. Mack, P.O. Box 14684, Jacksonville, FL 32238.
STOCK CERTIFICATES & BONDS - buy and sell! Current catalog
of interesting certificates for sale. $1 . Buying all— but especially interest-
ed in early Western certificates. Ken Prag, Box 531PM. Burlingame,
CA 94011. phone (415) 566-6400 (149)
WANTED. ALL OBSOLETE CURRENCY. ESPECIALLY GEOR-
GIA. which 1 collect. Particularly want any city-county issues, Atlanta
Bank, Georgia RR Banking, Bank of Darien. Pigeon Roost Mining,
Monroe RR Banking. Bank of Hawkinsville, La Grange Bank. Central
Bank Milledgeville . Ruckersville Banking Co., Bank of St. Marys. Cot-
ton Planters Bank, any private scrip. I will sell duplicates. Claud
Murphy, Jr., Box 15091, Atlanta, GA 30333. (138))
PAPER MONEY
UNITED STATES
Large Size Currency • Small Size Currency
Fractional Currency • Souvenir Cards
WANTED: OBSOLETE CURRENCY, SCRIP. BANK ITEMS
AND CONFEDERATE ITEMS OF NORTH CAROLINA. Single
items or collections. Send description and price. Jim Stizama. P.O Box
1235, Southern Pines, NC 28387. (139)
Write For List
Theodore Kemm
915 West End Avenue □ New York, NY 10025
GOLD CERTIFICATES WANTED in extra fine, almost-uncirculated
and uncirculated conditions in both large- and small-size U S. notes.
Jack Fisher, 3123 Bronson Blvd.. Kalamazoo, Michigan 49008. (136)
Page 130
Paper Mone^i Whole No. 136
THE HOBBY'S STANDARD
standard catalog of
fifth edition
WORLD PAPER MONEY
by world paper money authority Albert Pick,
Colin R. Bruce II and Neil Shafer. Editors
Volume I, Specialized Issues
Volume II, General Issues
Each Volume $45.00
Plus $2.50 postage and handling (addresses outside the
U.S. send $4.50 for postage and handling).
Credit Card Orders
call toll-free
800 - 258-0929 ^
Department FFE 8am — SpmCST
For ordering only. All non-ordering callers and Wisconsin
residents, please use our regular business line,
715-445-2214
Creating a standard isn’t easy. But the results are well worth it.
Because standards are appreciated. And standards last.
That’s why Albert Pick’s 5th Edition Standard Catalog of
World Paper Money reference volumes remain in high demand —
nearly two years after publication!
Volume I is a virtual “encyclopedia” of special commercial and
restricted circulation notes — the most complete work on the subject
ever. And the general issues Volume, II, was a quantum leap from the
previous edition, the largest ever listing of government issue legal
tender paper money worldwide.
With more than 100,000 market valuations in up to three grades,
250+ years of worldwide coverage, over 37,000 unduplicated note
values and more than 17,000 illustrations throughout 2016 pages, the
Standard Catalog of World Paper Money volumes remain the
current — and enduring — standard of excellence among paper
money reference works.
Order you copy(ies) today!
Available from your favorite paper
money/coin dealer or directly from the
publisher. Order your copy(ies) today!
/ jn ^ krause
vBT/ publications
700 East State St. lola, Wl 54990
Offer expires Dec. 31, 1988
Mail with payment to: Krause Publications,
Catalog Order Dept.
700 E. State Su lola, Wl 54990
YES! Send me the hobby’s leading paper money
book(s)! Please send copies of the Standard
Catalog of World Paper Money, Vol. I,
Specialized Issues, at the cost of $45.00 per book
Please send copies of the Standard Catalog
of World Paper Money, Vol. 11, General
Issues, at the cost of $45.00 per book
U.S. addresses please add $2.50 per book shipping.
Foreign addresses add $4.50 per book. Payable in U.S.
funds.
Total Amount Enclosed $
Address
State Zip
( 1 Check or money order (to Krause Publications)
( ) MasterCardA'ISA
Credit Card No.
Expires: Mo. Yr.
FFE
Paper Money Whole No. 136
Page 131
WANTED BUYING WANTED
We are especially anxious to purchase the following UNITED STATES NOTES for the personal collection of
AUBREY AND ADELINE BEBEE. The acquisition of any of these scarce notes will bring our outstanding
paper money collection nearer to completion. We would be grateful for any notes that you could send us in
the grades specified. Please send notes, indicating the prices desired or for our Top Cash offer. A quick,
pleasant deal is always assured you at BEBEE’S.
GOLD CERTIFICATES - AU TO UNC.
1882 $50 Large Red Seal. FR. 1191
1882 $100 Large Red Seal. FR. 1204
1882 $100 Brown Seal. FR. 1203
1882 $100 Lg, Brown Seal. FR. 1205
SILVER CERTIFICATES
1880 $1,000 FR. 346B/D AU to UNC.
1891 $1,000 FR. 346E VF to UNC.
1899 $1, *'11111111; 22222222,
*'77777777; 88888888 UNC.
1882 $5.00 NATIONAL BROWN BACK NOTES
BEBEE'S is paying $600 to as high as $2,000 — depending on
Rarity and Grade — for the following 1882 $5 Brown
Back Nationals:
ALABAMA - ARIZONA - ARKANSAS - CALIFORNIA - COL-
ORADO - FLORIDA - IDAHO - MARYLAND ■ MISSISSIPPI -
MONTANA ■ NEVADA - NEW MEXICO - NORTH DAKOTA ■
RHODE ISLAND - SOUTH DAKOTA - WYOMING. AU to UNC.
TERRITORIAL NATIONALS
1882 $5 ARIZONA - IDAHO - WYOMING. AU to UNC.
(Second Choices: Other Denom., Grades.)
We are also paying TOP IMMEDIATE CASH prices for Double-Denomination Notes, Other Territorials,
Rare Large-Size Nationals, No. 1 & Star Notes, and Uncut Sheets (4 & 12). Please give us a try — BEBEE’s
has been a leading specialist in U.S. Paper Money since 1941.
AUBREY & ADELINE BEBEE
P.O. Box 4290, Omaha, NE 68104 • (402) 558-0277
tiiink nf (tuiniiifrrr
Sell Your Coins & Currency
To The Highest Bidder
NASCA Auctions reach the nations most important collectors of U S and International Coins. Currency. Stocks & Bonds.
Autographs. Medals Tokens, and Relaled Hems. Consigning is easy. Immediate cash advances are readily available.
Accepting Consignments Now For These Auctions:
JUNE 1988, MEMPHIS INTERNATIONAL
A major offering of STOCKS, BONDS & RELATED ITEMS.
Closes April 15, 1988.
Page 132
Paper Money Whole No. 136
EARLY
AMERICAN
NUMISMATICS
* 619 - 273-3566
COLONIAL &
CONTINENTAL
CURRENCY
We maintain the
LARGEST
ACTIVE INVENTORY
IN THE WORLD!
SEND US YOUR
WANT LISTS.
FREE PRICE
LISTS AVAILABLE.
SPECIALIZING IN:
o Cokinial Coias
o Qilonial CuaL-ncy
o Rare & Choice Tcpc
Coias
□ Pre-1800 Fiscal Paper
□ Encased Postage Stamps
SERVICES:
□ Ponfolio
Development
□ Major Show
Q)verage
□ Auctkin
Attendance
□ EARLY AMERICAN NUMISMATICS □
c/o Dana Linett
□ P.O. Box 2442 □ LaJolla, CA 92038 □
619-273-3566
Members: Life ANA, CSNA-EAC. SPMC. FUN. ANACS
WANTED
OBSOLETE PAPER MONEY
1
(Bank Notes, Script, Warrants, Drafts
of the AMERICAN WEST
Orefon, Calif orni*, Idaho, Nevada,
Arizona, Utah, Montana, New Mexico,
Colorado, Dakota, Deseret, Indian,
Jefferson territories!
Cash paid, or fine Obsolete Paper traded.
Have Proof notes from most states, individual rarities, seldom
seen denominationals. Kirtlands, topicals: Colonial, Continental:
eSA, Southern States notes and bonds. Also have duplicate West-
ern rarities for advaniageous trade.
JOHN J. FORD, JR.
P.O. BOX 10317, PHOENIX, AZ 85064
BUYING AND SELLING
eSA and Obsolete Notes
eSA Bonds, Stocks & Financial Items
Extensive Catalog for $2.00,
Refundable With Order
ANA-LM
SCNA
PCDA
HUGH SHULL
P.O. Box 712 / Leesville, SC 29070 / (803) 532-6747
SPMC-LM
BRNA
FUN
Paper Moneii Whole No. 136
Page 133
THE BANKOF STLOUIS
SHING LEE STAMPS & BANK NOTES
POSTAL AUCTION No. 10
for Chinese Bank Notes and Bonds
More than 1000 lots for each Auction held every two to three months. Materials including People’s Re-
public and Japanese Occupation Paper Money, Cheques and Bonds . . . etc.
Illustrated Catalogue Free on Request
DEALERS/INVESTORS: We have the largest stock of inexpensive Chinese Banknotes of good quality.
Please write for details.
Room 9. 2F Shing Lee Com. Bldg., 6-12 Wing Kut St., Central, Hong Kong — TEL. 5-8153456
ST. LOUIS, MISSOURI
OBSOLETES AND
NATIONALS WANTED
RONALD HORSTMAN
P.O. BOX 6011
ST. LOUIS, MISSOURI 63139
HARRY
IS BUYING
NATIONALS — LARGE
AND SMALL
UNCUT SHEETS
TYPE NOTES
UNUSUAL SERIAL NUMBERS
OBSOLETES
ERRORS
HARRY E. JONES
PO Box 30369
Cleveland, Ohio 44130
216-884-0701
/M
P.O. BOX 84 • NANUET, N.Y 10954
Buying / Selling:
OBSOLETE CURRENCY, NATIONALS
UNCUT SHEETS, PROOFS, SCRIP
BARRY WEXLER, Pres. Member: SPMC, ANA, FUN, GENA, CCRT
(914) 352-9077
Page 1 34
Paper Money Whole No. 136
• Broken Bank Notes
•Southern State Issues
•Confederate Currency
• Merchant Scrip
•Collections Needed: Buy/Consignment
Approval Service Available— Supply One Dealer
Reference or Your S.P.M.C. Number.
PRICE LIST — Enclose Large Size 22c
Self-Addressed Stamped Envelope.
Topical interests or states collected and desired
collectable grades are helpful if approvals are re-
quested.
DON EMBURY
1232'/! N. GORDON STREET, LOS ANGELES, CA 90038
S.P.M.C. 3791
Walt Alcott
Numismatics and
Paper Americana
■ •-
ROTOVOINltOQUMVt
S*. -,<m
OlilkiT
cutros.\u smzT cibie uiuaio ( o. :
AUlC«t» «OMt, ATM.
'll
^ ^ *s^ <* Luster- *■"
Yellow-Aster Mine Co.
Randsburg. CA, 1902 $22.
California Street Cable Railroad
San Francisco, CA, 1890s $25.
One of each $40.
Stocks • Bonds • Checks • Maps
Engravings • Labels • Etc.
Box 3037 • Quartz Hills, CA 93534
805-942-7105
MEMBER: ANA (LM); SPMC; CSNS; PSNA; PCDA
BUYING and SELLING
PAPER MONEY
U.S., All types
Thousands of Nationals, Large and Small,
Silver Certificates, U.S. Notes, Gold Cer-
tificates, Treasury Notes, Federal Reserve
Notes, Fractional, Continental, Colonial,
Obsoletes, Depression Scrip, Checks,
Stocks, etc.
Foreign Notes from over 250 Countries
Paper Money Books and Supplies
Send US your Want List ... or ...
Ship your material for a fair offer
LOWELL C. HORWEDEL
P.O. BOX 2395
WEST LAFAYETTE, IN 47906
SPMC #2907 ana LM #1503
Oregon Paper Money Exchange
OBSOLETES • COLONIALS
STOCK CERTIFICATES & BONDS
CONFEDERATES • OLD CHECKS
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CURRENT LIST FOR $1.00
— REFUNDABLE —
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OREGON PAPER MONEY EXCHANGE
6802 S.W. 33rd Place. Portland. OR 97219
(503) 245-3659 (EVES)
Paper Money Whole No. 136
Page 135
IAN A.
MARSHALL
P.O. Box 1075
Adelaide St. P.O.
Toronto, Ontario
Canada, M5C 2K5
WORLD
PAPER MONEY
Also World Stocks,
Bonds and Cheques
416 - 365-1619
Million Dollar
Buying Spree
Currency:
Nationals i
Lg. & Sm. Type I
Obsolete I
MPC
Fractional
Foreign
Stocks • Bonds • Checks • Coins
Stamps • Gold • Silver
Platinum • Antique Watches
Political Items • Postcards
Baseball Cards • Masonic Items
Hummels • Doultons
Nearly Everything Collectible
COMPLETE
^ lOAO I R b
FREE
EST. I960
399 S. Stale Street • Westerville, OH 43081
1-614-882-3937
, 1-800-848-3966 outside Ohio
ifcMembcr
CANADIAN
BOUGHT AND SOLD
• CHARTERED BANKNOTES.
• DOMINION OF CANADA.
• BANK OF CANADA.
• CHEQUES, SCRIP, BONDS &
BOOKS.
FREE PRICE LIST
CHARLES D. MOORE
P.O. BOX 1296P
LEWISTON, NY 14092-1296
(416) 468-2312
LIFE MEMBER A.N.A. *1995 C.N.A. *143 C.P.M.S. *11
1868 UNION NATIONAL BANK
(Philadelphia) $75
Black/White Capital Stock certificate with several
attractive vignettes. One of the very few engraved
banking stocks, from the American Bank Note
Company. Pen-cancelled, otherwise in VF -i-
condition.
Our Current BANK
listing includes more than 3 dozen Bank stocks, from
1812 to 1933, many with vignettes by the major bank
note companies of the 19th century. Call or write today
and ask for our BANK listing, or for our general catalogue
of more than 150 stocks and bonds.
CENTENNIAL DOCUMENTS
P.O. Box 5262, Clinton, NJ 08809
(201) 730-6009
Paper Money Whole No. 136
WE ARE ALWAYS
BUYING
■ FRACTIONAL CURRENCY
■ ENCASED POSTAGE
■ LARGE SIZE CURRENCY
■ COLONIAL CURRENCY
WRITE, CALL OR SHIP.
LEN and JEAN GLAZER
( 718 ) 268-3221
POST OFFICE BOX 111
FOREST HILLS, N.Y. 11375
Chartpr Momhrr
kuMISMRTISTs
Ljuuo'i"')
3&»ik
-r MVItT
i»
\>i(Kxix'r
'X-
ORDERING INSTRUCTIONS
1. Orders for currency under $250.00, $2.00 postage please.
2. All items two week return in original holders, undamaged.
3. Mass, residents must include 5% sales tax.
4. Twenty-four hour answering machine when not in. Feel free to call and reserve your notes.
5. Personal checks must clear, money orders and bank checks get fast service.
6. Second choices will be used only if first Item is sold.
7. We can offer a layaway plan on larger purchases.
Min. Order On Cards
$50 Please
DENLY’S OF BOSTON
PHONE; (617) 482.8477 "
P.O. BOX 1010 B BOSTON. MA 02205
LIBRARY
Dave Bowers has always said buy the book first, and he became president of A.N.A. Maybe now is the time for you to buy the book,
and who knows, you might replace Reagan!
IMPROVED MYLAR “O'* CURRENCY HOLDERS
For the last year i have sold these: they are increasingly dominating the market. These are the finest for your notes.
PRICED AS FOLLOWS
NATIONAL CURRENCY
1 1 . National Bank Notes, a guide with prices by Kelly, a must book! 2nd Edition
36.00 + 1.50
12. Standard Catalog of National Bank Notes by Hickman & Oakes, a wealth of
information 70.00 2.50
13. Territorials, a guide to U.S. territorial national bank notes by Huntoon
13.50 + 1.50
14. The National Bank Note Issues of 1929-1935 by M.O. Warns, one copy only
19.50 + 1.50
15. Charter Number Two. the centennial history of the First New Haven National
Bank (Connecticut) 1963, one copy only 11.95 1.25
16. Nevada Sixteen National Banks and their Mining Camps, a wonderful book
full of history. M.O. Warns. SPECIAL 35.00 2.00
29. DEPRESSION ^ Standard Catalog of Depression Scrip of the United
States, by Mitchell & Shafer, a well done new item 21 .50 -i- 150
30. FLORIDA — Florida Obsolete Notes & Scrip, by Freeman Wanted
31. FLORIDA — Illustrated History of Florida Paper Money by Cassidy, now out
of print! 29.95 + 1.50
32. INDIAN TERRITORY — Indian Territory and Oklahoma Obsolete Notes and
Scrip by Burgett. Kansas Obsolete Notes and Scrip by Steven Whitfield, two
books in one 13.50 1.50
33. INDIANA — Obsolete Notes and Scrip by Wolka, Vorhies & Schramm
13.50 + 1.50
34. IOWA ~ Iowa Obsolete Notes and Scrip by Oakes 13.50 4-1.50
35. MAINE — Maine Obsolete Notes & Scrip by Wail 13.50 4- 1.50
36. MICHIGAN ^ Obsolete Banknotes & Early Scrip by Bowen, hard cover
reprint by Durst 39.50 4- 1.50
37. MICHIGAN — Obsolete Banknotes by Bowen, the original book, a
collector's item, one copy only 50.00 4- 1.50
39. MINNESOTA — Minnesota Obsolete Notes & Scrip by Rockholt
13.50 4- 1.50
40 MISSISSIPPI — Mississippi Obsolete Notes and Scrip by Loggatt, out of
print and very hard to find! 27.95 4-1.50
MORMAN — See #54
41. NEBRASKA — Territorial Banking in Nebraska by Owen 7.95+ .50
42. NEBRASKA — A History of Nebraska Paper Money $ Banking by Walton
Wanted
43. NEW ENGLAND — The Obsolete Bank Notes of New England by Wismer —
Ouarlerman reprint, one copy 22.00 + 1.00
44. NEW JERSEY — New Jersey's Money by Wait 16.50 + 2.50
45. NEW YORK — Obsolete Bank Notes of New York by Wismer, Durst reprint
17.95 + 1.00
46. NORTH CAROLINA — Obsolete Bank Notes of North Carolina by Pennell,
Durst reprint 7.95 + .75
47. OHIO ~ Obsolete Bank Notes of Ohio by D.C. Wismer, Durst reprint
8.95 + .75
OKLAHOMA — See #32
48. PENNSYLVANIA — Obsolete Bank Notes of Pennsylvania by Wismer. Durst
reprint 11.95 + .75
49. PENNSYLVANIA — Obsolete Notes and Scrip by Hoober .... 30.00 + 1.75
50. RHODE ISLAND — (isolate Notes and Scrip of Rhode Island and the Pro-
vidence Plantations, by Durand 20.00 + 1.50
51. SOUTH CAROLINA — South Carolina Obsolete Notes by Austin Sheeheen
Jr., a hard to find super book 14.95 + 1.00
52. TENNESSEE — The History of Early Tennessee Banks by Garland
29.50 + 2.00
53. TEXAS — Obsolete Notes & Scrip by Medlar, out of print, rare . 26.00 + 1 .50
54. UTAH — Mormon and Utah Coin & Currency by Rust, every note pictured
with values 30.(X) + 1.50
55. VERMONT — Obsolete Notes & Scrip by Colter, out of print. SPECIAL
19.95 + 1.50
56. VIRGINIA — The Obsolete Paper Money of Virginia Volume I by Affleck, this
book covers scrip issues Wanted
57. VIRGINIA — The Obsolete Paper Money of Virginia Volume II by Affleck, this
book cover banknotes, out of print 25.00 + 2.00
60. COUNTERFEIT DETECTER — Hodge's American Bank Note Safe Guard,
reprint of 1665 edition, one copy only 25.00 + 150
28. COLORADO — Colorado Territorial Scrip by Mumey
Wanted
The second number after pnce is for postage & handling with a $5.00 maximum.
TYPE NOTE
3. Standard Catalog of United States Paper Money by Krause & Lemke. First
Edition, new. never opened, one copy only 15.00 + 1.00
4. Standard Catalog of United States Paper, Fourth Edition, the current edition
and great as it includes rarity of national banks by charter # . . . 1 4.00 + 1 .00
5. Paper Money of the United States, 11th Edition by Robert Friedberg, a
necessity to any collector 17.50 +1.50
6. Paper Money of the U.S. by Robert Friedberg, Second Edition (1955), one
copy only 30.00 + 1.50
7. Paper Money of the U.S. by Robert Friedberg, Third Edition (1959), one copy
only 25.00 + 1.50
8. Paper Money of the U.S. by Robert Friedberg, Fourth Edition (1962). one copy
only 20.00 + 1.50
9. Paper Money of the U.S. by Robert Friedberg, Fifth Edition (1964), one copy
only 20.00 + 1.50
10. Handbook of Large Size Star Notes 1910-1929 by Doug Murray, a good book
to have! 14.95 + 1.00
Shipping is included in the U.SJ^.
You may batch up your needs to get best price (25 minimum one-size). Samples one of each $2 (5 different size
holders) plus 22c postage.
CONFEDERATE
17. Confederate and Southern States Currency.
(1976 Edition) by Criswell 2 copies available, 35.00 + 1.00
18. Confederate and Southern States Bonds, by Criswell, 2nd Edition
14.95 + 1.00
OBSOLETE CURRENCY
26. ALABAMA — Alabama Obsolete Notes and Scrip, by Rosene
13.50 + 1.50
27. ARKANSAS — Arkansas Obsolete Notes and Scrip, by Rothert. a great book
17.00 + 1 SO
COLONIAL
The Early Paper Money of America by Eric Newman. First Edition,
one copy only, hard to find $29.50 + 1.00
The Early Paper Money of America by Eric Newman, Second Edition, the Bi-
ble for colonial currency 24.50 + 1.50
Size
Fractional
Colonial . .
Sm. Curr .
Lg. Curr . .
Checks . .
FRACTIONAL CURRENCY
Encyclopedia of United States Fractional and Postal Currency. Milton
Friedberg, the book for the real info on fractional, out of print and hard to
find! 19.00 + 1.00
A Guide Book of U.S. Fractional Currency by Matt Rothert (1963), the first I
have had for sale, one copy only 9.95 + .50
Inches
. 4-3/4 X 2-3/4
5- 1/2x3-3/16
6- 5/8 X 2-7/8
. 7-7/8 X 3-3/8
9-5/8 X 4-1/4
50
11.50
12.50
12.75
14.75
16.50
100
20.50
22.50
23.50
26.75
33.75
500
92.50
102.00
105.00
121.75
152.50
1000
168.00
185.00
194.00
221.50
277.00
23.
24.
Hickmin ~ Dikes Auctions , Inc.
Purveyors of National Bank Notes & U.S
ft/
Currency to the collecting
fraternity for over 20 years:
Oiir currency auctions were
tile first to use the Sealed
Mail Bid System, which gives
you, the bidder and ultimate
buyer, the utmost chance to
buy a note at a price you
want to pay with no one
looking over your shoidder.
w.
ith 34 sales bclilnd us, wc look forward to a great 1988 for all currency hobbyists as well as our mall bid and
floor auctions. Wc have had the pleasure of selling several great notes during the past year at prices for single notes
above 830,000 with total sales of an auction in the 8250,000 area. Currency collecting is alive and well. If you have
currency, a single rarity, or an entire collection, now is the time to consign. Our sales will give you the pulse of the
market. Currency collecting is alive and well.
Our next auction is scheduled for June in Memphis. Our November auction will be held in St. Louis with the Pro-
fessional Currency Dealers Assoc, convention. There will be hundreds of lots of U.S. and national currency. Join
others in experiencing the true market between buver and seller at a Hlckman-Oakcs auction. Write, or call
319-338-1144 today!
As a seller: Our commission rate is 15% and down to 5% (depending on value of the lot) with no lot charge, no
photo charge. In fact no other charges.
As a buyer: When bidding and winning lots in our auctions you arc charged a 5% buyers fee. As a subscriber
you receive at least 4 auction catalogs and prices realized after the sale, plus any price lists we put out, and all by 1st
class mall. If you send us 88 now, wc will send you the June Memphis convention auction catalogue and prices rea-
lized plus our other auction catalogues and price lists through June of 1989. Send 88.00 now, you won’t be sorry.
Hick
min
iitfUISKRTin]
* Dikes
Auctidns jne
drawer ] 4 ^6 Jowi City, Jowa 522^0
Dean Oakes
John Ilieknmn
319~33S-mt